NBT Bank N A NY Lowers Holdings in iShares U.S. Telecommunications ETF $IYZ

NBT Bank N A NY trimmed its holdings in iShares U.S. Telecommunications ETF (BATS:IYZ) by 1.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 37,506 shares of the exchange traded fund’s stock after selling 661 shares during the period. NBT Bank N A NY’s holdings in iShares U.S. Telecommunications ETF were worth $1,117,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IYZ. Sound Income Strategies LLC purchased a new position in iShares U.S. Telecommunications ETF in the first quarter worth approximately $33,000. Kingswood Wealth Advisors LLC purchased a new position in shares of iShares U.S. Telecommunications ETF during the first quarter worth $318,000. Buck Wealth Strategies LLC purchased a new position in shares of iShares U.S. Telecommunications ETF during the first quarter worth $637,000. Oppenheimer & Co. Inc. purchased a new position in shares of iShares U.S. Telecommunications ETF during the first quarter worth $583,000. Finally, Trust Co. of Vermont purchased a new position in shares of iShares U.S. Telecommunications ETF during the first quarter worth $36,000.

iShares U.S. Telecommunications ETF Stock Up 23.8%

IYZ opened at $33.11 on Thursday. iShares U.S. Telecommunications ETF has a 52 week low of $21.55 and a 52 week high of $30.50. The business has a fifty day simple moving average of $31.42 and a 200-day simple moving average of $29.16. The firm has a market cap of $610.79 million, a P/E ratio of 14.09 and a beta of 0.90.

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).