iShares Dow Jones US Telecom (IYZ) Stake Increased by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA increased its position in shares of iShares Dow Jones US Telecom (NYSE:IYZ) by 83.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 550,000 shares of the exchange traded fund’s stock after purchasing an additional 250,000 shares during the period. BNP Paribas Arbitrage SA’s holdings in iShares Dow Jones US Telecom were worth $16,726,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in IYZ. Ameriprise Financial Inc. raised its position in shares of iShares Dow Jones US Telecom by 125.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,992,139 shares of the exchange traded fund’s stock valued at $39,535,000 after purchasing an additional 1,110,179 shares during the period. Public Sector Pension investment Board bought a new stake in shares of iShares Dow Jones US Telecom during the 2nd quarter valued at $3,871,000. Sun Life Financial INC raised its position in shares of iShares Dow Jones US Telecom by 1,728.8% during the 2nd quarter. Sun Life Financial INC now owns 106,711 shares of the exchange traded fund’s stock valued at $3,443,000 after purchasing an additional 100,876 shares during the period. Rothschild Capital Partners LLC bought a new stake in shares of iShares Dow Jones US Telecom during the 3rd quarter valued at $1,719,000. Finally, Wells Fargo & Company MN raised its position in shares of iShares Dow Jones US Telecom by 7.1% during the 2nd quarter. Wells Fargo & Company MN now owns 408,069 shares of the exchange traded fund’s stock valued at $13,165,000 after purchasing an additional 27,126 shares during the period.

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Shares of iShares Dow Jones US Telecom (NYSE:IYZ) traded down $0.18 during midday trading on Monday, reaching $27.78. 33,460 shares of the company’s stock were exchanged. iShares Dow Jones US Telecom has a one year low of $27.50 and a one year high of $36.74.

About iShares Dow Jones US Telecom

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).

Institutional Ownership by Quarter for iShares Dow Jones US Telecom (NYSE:IYZ)

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