iShares U.S. Telecommunications ETF (IYZ)
IYZ: Concentrated Telco ETF, Hard To See The Upside
IYZ underperforms both its peer XTL and the S&P 500, with disappointing returns and unattractive projected industry growth. The U.S. telecom sector faces slow growth (3-3.7% CAGR), increasing headwinds from big tech, and limited upside from AI and 5G trends. Given industry perspectives, valuation concerns, and better alternatives, I do not recommend IYZ; targeted exposure to select companies is preferable.
Assessing What Q3 Earnings Means for Telecom ETFs
Look at how Telecom ETFs are performing after Q3 earnings.
IYZ Needs A Spark To Get Going
iShares U.S. Telecommunications ETF holds a concentrated portfolio in the telecom and tech sectors, with 43% of assets in Cisco, Verizon, and Comcast. Despite strong profitability margins, IYZ struggles with poor revenue growth and lagging performance compared to peers, making it a hold for now. The telecom industry's future growth hinges on 5G infrastructure, but current performance issues make IYZ less attractive for immediate investment.
IYZ: Telecom Sector Is Interesting, But Beware Of Concentration Risk
Telecommunications have become the backbone of our society. iShares U.S. Telecommunications ETF has been a relative underperformer against the S&P 500 for years now, but the price ratio looks like it's bottoming. On the downside, the telecom sector is highly regulated and capital-intensive, which can impact the profitability of companies in this space.
Cisco Beats on Earnings, Cuts Outlook: ETFs in Focus
Cisco Systems (CSCO) beat first-quarter fiscal 2024 estimates on both counts but cut its revenue and earnings outlook for the fiscal year, which pulled down the stock price.
Cisco's Rare Miss Weighs on Telecommunications ETFs
Cisco Systems (NasdaqGS: CSCO) come out with a rare quarterly disappointment, dragging down telecommunication sector-related exchange traded funds, after missing Wall Street's expectations. The iShares U.S. Telecommunications ETF (IYZ) was 2.3% lower on Thursday.
Best And Worst Q4 2020: Telecom Services ETFs And Mutual Funds
The Telecom Services sector ranks fourth in Q1'21. Based on an aggregation of ratings of the 40 stocks in the Telecom Services sector.
iShares US Telecommunications ETF (BATS:IYZ) Shares Sold by Capital Investment Advisors LLC
Capital Investment Advisors LLC lowered its stake in shares of iShares US Telecommunications ETF (BATS:IYZ) by 11.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,026 shares of the exchange traded fund’s stock after selling 2,245 shares during the quarter. […]
BKD Wealth Advisors LLC Has $611,000 Stock Holdings in iShares US Telecommunications ETF (BATS:IYZ)
BKD Wealth Advisors LLC cut its holdings in iShares US Telecommunications ETF (BATS:IYZ) by 18.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 24,577 shares of the exchange traded fund’s stock after selling 5,681 shares during the quarter. BKD Wealth Advisors LLC’s holdings in iShares US […]
Goldman Sachs Group Inc. Buys 200,000 Shares of iShares US Telecommunications ETF (BATS:IYZ)
Goldman Sachs Group Inc. lifted its stake in shares of iShares US Telecommunications ETF (BATS:IYZ) by 373.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 253,550 shares of the exchange traded fund’s stock after purchasing an additional 200,000 shares during the quarter. Goldman […]
iShares US Telecommunications ETF (BATS:IYZ) Shares Sold by Bank of America Corp DE
Bank of America Corp DE trimmed its holdings in shares of iShares US Telecommunications ETF (BATS:IYZ) by 5.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 841,792 shares of the exchange traded fund’s stock after selling 50,798 shares during the period. Bank of America Corp […]
Advisor Group Inc. Has $317,000 Position in iShares US Telecommunications ETF (BATS:IYZ)
Advisor Group Inc. reduced its holdings in shares of iShares US Telecommunications ETF (BATS:IYZ) by 17.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,598 shares of the exchange traded fund’s stock after selling 2,299 shares during the period. Advisor […]
iShares US Telecommunications ETF (BATS:IYZ) Trading Up 6%
iShares US Telecommunications ETF (BATS:IYZ) were up 6% during trading on Tuesday . The stock traded as high as $24.04 and last traded at $24.00, approximately 574,237 shares changed hands during mid-day trading. The stock had previously closed at $22.65. The company’s fifty day moving average price is $28.04 and its 200 day moving average […]
Envestnet Asset Management Inc. Has $1.21 Million Stake in iShares US Telecommunications ETF (BATS:IYZ)
Envestnet Asset Management Inc. increased its stake in shares of iShares US Telecommunications ETF (BATS:IYZ) by 15.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 40,470 shares of the exchange traded fund’s stock after acquiring an additional 5,531 shares during the period. Envestnet Asset […]
Major Internet Providers Sign On To FCC Pledge To Keep Customers Connected Even If They Can’t Pay Bills During Coronavirus Crisis
Comcast, AT&T, Charter, Verizon and dozens of other internet providers have pledged to keep customers connected even if they cannot pay their bills because of the disruptions caused by the coronavirus.
Comerica Bank Acquires Shares of 13,529 iShares US Telecommunications ETF (BATS:IYZ)
Comerica Bank acquired a new stake in shares of iShares US Telecommunications ETF (BATS:IYZ) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 13,529 shares of the exchange traded fund’s stock, valued at approximately $401,000. Other hedge funds have also recently […]
Barclays PLC Makes New Investment in iShares US Telecommunications ETF (BATS:IYZ)
Barclays PLC acquired a new position in iShares US Telecommunications ETF (BATS:IYZ) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 250,000 shares of the exchange traded fund’s stock, valued at approximately $7,470,000. A number of other large investors have […]
Can Telecom ETFs Gain on Mixed Q4 Earnings Results?
We study the impact of a few big earnings releases in the telecommunications industry on ETFs with decent exposure to these companies.
BKD Wealth Advisors LLC Lowers Stock Position in iShares US Telecommunications ETF (BATS:IYZ)
BKD Wealth Advisors LLC reduced its stake in iShares US Telecommunications ETF (BATS:IYZ) by 6.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,258 shares of the exchange traded fund’s stock after selling 2,012 shares during the quarter. BKD Wealth […]
5G - The Future Is About To Arrive
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