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 April 19, 2024, IYZ stock price climbed to $20.68 with 327,289 million shares trading.

IYZ has a beta of 0.96, meaning it tends to be less sensitive to market movements. IYZ has a correlation of 0.39 to the broad based SPY ETF.

IYZ has a market cap of $224.38 million. This is considered a Small Cap stock.

In the last 3 years, IYZ stock traded as high as $34.78 and as low as $19.85.

IYZ has underperformed the market in the last year with a return of -4.8%, while the SPY ETF gained +21.2%. In the last 3 month period, IYZ fell short of the market, returning -9.5%, while SPY returned +3.0%. However, in the most recent 2 weeks IYZ has outperformed the stock market by returning -2.8%, while SPY returned -4.5%.

IYZ support price is $20.41 and resistance is $20.79 (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 stock will trade within this expected range on the day.