Strengthening Families & Communities LLC Boosts Holdings in iShares U.S. Telecommunications ETF (BATS:IYZ)

Strengthening Families & Communities LLC increased its position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 5.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 283,668 shares of the exchange traded fund’s stock after buying an additional 14,507 shares during the quarter. iShares U.S. Telecommunications ETF comprises approximately 1.8% of Strengthening Families & Communities LLC’s portfolio, making the stock its 12th largest position. Strengthening Families & Communities LLC owned about 2.82% of iShares U.S. Telecommunications ETF worth $7,165,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can lifted its position in iShares U.S. Telecommunications ETF by 0.5% in the second quarter. Bank of Montreal Can now owns 123,651 shares of the exchange traded fund’s stock valued at $2,918,000 after buying an additional 626 shares during the last quarter. National Bank of Canada FI lifted its holdings in shares of iShares U.S. Telecommunications ETF by 0.9% in the 2nd quarter. National Bank of Canada FI now owns 87,814 shares of the exchange traded fund’s stock worth $1,900,000 after acquiring an additional 779 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of iShares U.S. Telecommunications ETF by 3.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 31,563 shares of the exchange traded fund’s stock worth $686,000 after purchasing an additional 1,114 shares during the period. Retirement Planning Group LLC increased its holdings in iShares U.S. Telecommunications ETF by 8.7% in the 3rd quarter. Retirement Planning Group LLC now owns 20,297 shares of the exchange traded fund’s stock valued at $513,000 after purchasing an additional 1,618 shares during the last quarter. Finally, Williams & Novak LLC raised its position in iShares U.S. Telecommunications ETF by 12.2% in the third 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 during the period.

iShares U.S. Telecommunications ETF Stock Down 1.2 %

BATS:IYZ opened at $26.85 on Monday. iShares U.S. Telecommunications ETF has a 52 week low of $26.56 and a 52 week high of $34.77. The stock’s fifty day moving average is $25.56 and its two-hundred day moving average is $23.25. The stock has a market capitalization of $269.84 million, a price-to-earnings ratio of 13.32 and a beta of 0.86.

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).