iShares U.S. Telecommunications ETF $IYZ Shares Sold by NBT Bank N A NY

NBT Bank N A NY lessened its stake in iShares U.S. Telecommunications ETF (BATS:IYZ) by 1.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,506 shares of the exchange traded fund’s stock after selling 661 shares during the quarter. NBT Bank N A NY owned about 0.20% of iShares U.S. Telecommunications ETF worth $1,117,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IYZ. Summit Financial Consulting LLC acquired a new stake in shares of iShares U.S. Telecommunications ETF in the first quarter valued at approximately $6,119,000. Goldman Sachs Group Inc. increased its holdings in shares of iShares U.S. Telecommunications ETF by 393.2% in the first quarter. Goldman Sachs Group Inc. now owns 268,212 shares of the exchange traded fund’s stock valued at $7,346,000 after purchasing an additional 213,827 shares during the last quarter. Baker Avenue Asset Management LP acquired a new stake in shares of iShares U.S. Telecommunications ETF in the first quarter valued at approximately $3,347,000. Second Half Financial Partners LLC increased its holdings in shares of iShares U.S. Telecommunications ETF by 1,000.7% in the first quarter. Second Half Financial Partners LLC now owns 83,213 shares of the exchange traded fund’s stock valued at $2,279,000 after purchasing an additional 75,653 shares during the last quarter. Finally, Croban acquired a new stake in shares of iShares U.S. Telecommunications ETF in the first quarter valued at approximately $2,058,000.

iShares U.S. Telecommunications ETF Stock Performance

BATS:IYZ opened at $33.11 on Thursday. The stock has a market cap of $610.79 million, a PE ratio of 14.09 and a beta of 0.90. iShares U.S. Telecommunications ETF has a one year low of $21.55 and a one year high of $30.50. The stock has a 50 day moving average price of $31.42 and a 200 day moving average price of $29.16.

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).