iShares U.S. Telecommunications ETF $IYZ Shares Bought by WESPAC Advisors LLC

WESPAC Advisors LLC increased its holdings in iShares U.S. Telecommunications ETF (BATS:IYZ) by 94.7% in the second quarter, HoldingsChannel.com reports. The firm owned 72,515 shares of the exchange traded fund’s stock after buying an additional 35,277 shares during the quarter. iShares U.S. Telecommunications ETF makes up 1.5% of WESPAC Advisors LLC’s holdings, making the stock its 8th biggest holding. WESPAC Advisors LLC’s holdings in iShares U.S. Telecommunications ETF were worth $2,159,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Sound Income Strategies LLC acquired a new position in iShares U.S. Telecommunications ETF in the 1st quarter worth about $33,000. Trust Co. of Vermont acquired a new position in iShares U.S. Telecommunications ETF in the 1st quarter worth about $36,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in iShares U.S. Telecommunications ETF in the 1st quarter worth about $44,000. Family Legacy Financial Solutions LLC acquired a new position in iShares U.S. Telecommunications ETF in the 2nd quarter worth about $56,000. Finally, Strengthening Families & Communities LLC increased its stake in iShares U.S. Telecommunications ETF by 1,520.5% during the 1st quarter. Strengthening Families & Communities LLC now owns 7,276 shares of the exchange traded fund’s stock worth $199,000 after buying an additional 6,827 shares in the last quarter.

iShares U.S. Telecommunications ETF Price Performance

Shares of iShares U.S. Telecommunications ETF stock opened at $32.51 on Wednesday. The business has a 50 day simple moving average of $31.35 and a two-hundred day simple moving average of $29.12. 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 $599.72 million, a P/E ratio of 14.09 and a beta of 0.90.

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).