94,505 Shares in iShares U.S. Telecommunications ETF (BATS:IYZ) Bought by Alpha Cubed Investments LLC

Alpha Cubed Investments LLC purchased a new stake in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 94,505 shares of the exchange traded fund’s stock, valued at approximately $2,151,000. Alpha Cubed Investments LLC owned 0.57% of iShares U.S. Telecommunications ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First Merchants Corp raised its stake in iShares U.S. Telecommunications ETF by 3.1% during the 3rd quarter. First Merchants Corp now owns 19,162 shares of the exchange traded fund’s stock valued at $408,000 after purchasing an additional 581 shares during the last quarter. Blair William & Co. IL raised its position in shares of iShares U.S. Telecommunications ETF by 9.1% during the third quarter. Blair William & Co. IL now owns 12,932 shares of the exchange traded fund’s stock valued at $275,000 after buying an additional 1,078 shares during the last quarter. Great Lakes Advisors LLC lifted its stake in shares of iShares U.S. Telecommunications ETF by 3.6% in the third quarter. Great Lakes Advisors LLC now owns 91,698 shares of the exchange traded fund’s stock valued at $1,953,000 after buying an additional 3,217 shares during the period. DAVENPORT & Co LLC grew its position in iShares U.S. Telecommunications ETF by 36.4% during the fourth quarter. DAVENPORT & Co LLC now owns 23,599 shares of the exchange traded fund’s stock worth $537,000 after buying an additional 6,296 shares in the last quarter. Finally, Strengthening Families & Communities LLC increased its stake in iShares U.S. Telecommunications ETF by 3.4% during the third quarter. Strengthening Families & Communities LLC now owns 216,281 shares of the exchange traded fund’s stock valued at $4,607,000 after acquiring an additional 7,163 shares during the period.

iShares U.S. Telecommunications ETF Stock Down 1.5 %

iShares U.S. Telecommunications ETF stock traded down $0.32 during trading hours on Tuesday, hitting $20.59. The stock had a trading volume of 252,608 shares. iShares U.S. Telecommunications ETF has a fifty-two week low of $26.56 and a fifty-two week high of $34.77. The company has a market cap of $224.43 million, a PE ratio of 12.97 and a beta of 0.93. The company has a 50-day moving average of $21.52 and a two-hundred day moving average of $21.87.

iShares U.S. Telecommunications ETF 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).