iShares U.S. Telecommunications ETF (BATS:IYZ) Shares Purchased by Strengthening Families & Communities LLC

Strengthening Families & Communities LLC boosted its holdings in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 5.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 283,668 shares of the exchange traded fund’s stock after buying an additional 14,507 shares during the period. iShares U.S. Telecommunications ETF accounts for 1.8% of Strengthening Families & Communities LLC’s investment portfolio, making the stock its 12th largest holding. Strengthening Families & Communities LLC’s holdings in iShares U.S. Telecommunications ETF were worth $7,165,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Raymond James & Associates increased its stake in shares of iShares U.S. Telecommunications ETF by 6.8% during the second quarter. Raymond James & Associates now owns 69,720 shares of the exchange traded fund’s stock worth $1,514,000 after buying an additional 4,448 shares during the period. Dynamic Advisor Solutions LLC grew its holdings in iShares U.S. Telecommunications ETF by 15.4% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 15,995 shares of the exchange traded fund’s stock worth $347,000 after acquiring an additional 2,140 shares in the last quarter. Bank of Montreal Can increased its position in shares of iShares U.S. Telecommunications ETF by 0.5% in the 2nd quarter. Bank of Montreal Can now owns 123,651 shares of the exchange traded fund’s stock valued at $2,918,000 after purchasing an additional 626 shares during the last quarter. Williams & Novak LLC raised its holdings in shares of iShares U.S. Telecommunications ETF by 12.2% in the 3rd quarter. Williams & Novak LLC now owns 17,940 shares of the exchange traded fund’s stock valued at $453,000 after purchasing an additional 1,945 shares in the last quarter. Finally, Millennium Management LLC purchased a new stake in shares of iShares U.S. Telecommunications ETF during the 2nd quarter worth $5,430,000.

iShares U.S. Telecommunications ETF Price Performance

BATS:IYZ opened at $26.85 on Monday. iShares U.S. Telecommunications ETF has a 12 month low of $26.56 and a 12 month high of $34.77. The firm has a market capitalization of $269.84 million, a PE ratio of 13.32 and a beta of 0.86. The business’s fifty day moving average price is $25.56 and its 200 day moving average price is $23.25.

About iShares U.S. Telecommunications ETF

iShares U.S. Telecommunications ETF (the Fund), formerly iShares Dow Jones U.S. Telecommunications Sector Index Fund, is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Select Telecommunications Index (the Index).