8,406 Shares in iShares U.S. Telecommunications ETF (BATS:IYZ) Bought by Mezzasalma Advisors LLC

Mezzasalma Advisors LLC bought a new stake in iShares U.S. Telecommunications ETF (BATS:IYZ) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 8,406 shares of the exchange traded fund’s stock, valued at approximately $226,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fisher Asset Management LLC lifted its stake in shares of iShares U.S. Telecommunications ETF by 1.7% in the third quarter. Fisher Asset Management LLC now owns 22,082 shares of the exchange traded fund’s stock valued at $558,000 after purchasing an additional 365 shares during the period. National Bank of Canada FI increased its holdings in iShares U.S. Telecommunications ETF by 0.9% in the third quarter. National Bank of Canada FI now owns 88,603 shares of the exchange traded fund’s stock valued at $2,238,000 after buying an additional 789 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of iShares U.S. Telecommunications ETF during the 3rd quarter valued at approximately $27,000. Destination Wealth Management boosted its stake in shares of iShares U.S. Telecommunications ETF by 1.8% during the 3rd quarter. Destination Wealth Management now owns 77,573 shares of the exchange traded fund’s stock worth $1,959,000 after acquiring an additional 1,400 shares in the last quarter. Finally, FSA Wealth Management LLC acquired a new stake in shares of iShares U.S. Telecommunications ETF in the 3rd quarter worth approximately $37,000.

iShares U.S. Telecommunications ETF Price Performance

BATS IYZ opened at $27.96 on Friday. The business has a 50 day moving average price of $27.38 and a 200 day moving average price of $25.63. The company has a market capitalization of $280.95 million, a P/E ratio of 13.32 and a beta of 0.86. iShares U.S. Telecommunications ETF has a 1-year low of $26.56 and a 1-year high of $34.77.

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).