iShares U.S. Telecommunications ETF $IYZ Shares Purchased by EWG Elevate Inc.

EWG Elevate Inc. raised its position in iShares U.S. Telecommunications ETF (BATS:IYZ) by 38.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 142,963 shares of the exchange traded fund’s stock after acquiring an additional 39,976 shares during the quarter. iShares U.S. Telecommunications ETF makes up approximately 1.4% of EWG Elevate Inc.’s portfolio, making the stock its 24th biggest position. EWG Elevate Inc. owned 0.77% of iShares U.S. Telecommunications ETF worth $4,612,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in IYZ. Pinkerton Wealth LLC purchased a new stake in iShares U.S. Telecommunications ETF during the 2nd quarter worth approximately $34,366,000. Camarda Financial Advisors LLC acquired a new position in shares of iShares U.S. Telecommunications ETF in the second quarter worth $13,789,000. BNP Paribas Financial Markets grew its stake in shares of iShares U.S. Telecommunications ETF by 77.9% in the second quarter. BNP Paribas Financial Markets now owns 567,609 shares of the exchange traded fund’s stock worth $16,903,000 after acquiring an additional 248,495 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of iShares U.S. Telecommunications ETF by 393.2% during the first quarter. Goldman Sachs Group Inc. now owns 268,212 shares of the exchange traded fund’s stock worth $7,346,000 after acquiring an additional 213,827 shares during the period. Finally, Jane Street Group LLC raised its stake in shares of iShares U.S. Telecommunications ETF by 480.5% in the second quarter. Jane Street Group LLC now owns 135,327 shares of the exchange traded fund’s stock valued at $4,030,000 after acquiring an additional 112,015 shares in the last quarter.

iShares U.S. Telecommunications ETF Price Performance

IYZ opened at $32.84 on Wednesday. iShares U.S. Telecommunications ETF has a 12 month low of $21.55 and a 12 month high of $30.50. The stock has a market capitalization of $605.81 million, a price-to-earnings ratio of 14.09 and a beta of 0.90. The business has a fifty day moving average price of $32.61 and a 200 day moving average price of $31.16.

iShares U.S. Telecommunications ETF Company Profile

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).