IYZ Stock Summary and Trading Ideas (iShares U.S. Telecommunications ETF | BATS:IYZ)

The iShares U.S. Telecommunications ETF seeks to track the investment results of an index composed of U.S. equities in the telecommunications sector. IYZ changed its index from the Dow Jones U.S. Select Telecommunications Index to the Russell 1000 Telecommunications RIC 22.5/45 Capped Index.

iShares U.S. Telecommunications ETF trades on the BATS stock market under the symbol IYZ.

As of December 13, 2024, IYZ stock price climbed to $28.02 with 176,385 million shares trading.

IYZ has a beta of 0.59, meaning it tends to be less sensitive to market movements. IYZ has a correlation of 0.28 to the broad based SPY ETF.

IYZ has a market cap of $497.36 million. This is considered a Small Cap stock.

In the last 3 years, IYZ traded as high as $33.33 and as low as $19.85.

IYZ has underperformed the market in the last year with a return of +28.5%, while SPY returned +29.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IYZ shares. However, IYZ has outperformed the market in the last 3 month and 2 week periods, returning +16.4% and +1.0%, while SPY returned +7.8% and +0.3%, respectively. This indicates IYZ has been having a stronger performance recently.

IYZ support price is $27.61 and resistance is $28.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IYZ shares will trade within this expected range on the day.