52,019 Shares in iShares U.S. Telecommunications ETF (BATS:IYZ) Acquired by Tocqueville Asset Management L.P.

Tocqueville Asset Management L.P. purchased a new stake in iShares U.S. Telecommunications ETF (BATS:IYZ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 52,019 shares of the exchange traded fund’s stock, valued at approximately $1,396,000. Tocqueville Asset Management L.P. owned approximately 0.52% of iShares U.S. Telecommunications ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Fisher Asset Management LLC lifted its position in iShares U.S. Telecommunications ETF by 1.7% in the 3rd quarter. Fisher Asset Management LLC now owns 22,082 shares of the exchange traded fund’s stock valued at $558,000 after acquiring an additional 365 shares in the last quarter. National Bank of Canada FI raised its stake in shares of iShares U.S. Telecommunications ETF by 0.9% in the 3rd quarter. National Bank of Canada FI now owns 88,603 shares of the exchange traded fund’s stock valued at $2,238,000 after purchasing an additional 789 shares during the period. Global Retirement Partners LLC boosted its position in shares of iShares U.S. Telecommunications ETF by 301.0% during the fourth quarter. Global Retirement Partners LLC now owns 1,199 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 900 shares during the period. Brown Brothers Harriman & Co. acquired a new position in shares of iShares U.S. Telecommunications ETF during the third quarter worth about $27,000. Finally, Destination Wealth Management grew its holdings in shares of iShares U.S. Telecommunications ETF by 1.8% during the third quarter. Destination Wealth Management now owns 77,573 shares of the exchange traded fund’s stock worth $1,959,000 after buying an additional 1,400 shares in the last quarter.

iShares U.S. Telecommunications ETF Stock Performance

BATS IYZ opened at $27.20 on Thursday. iShares U.S. Telecommunications ETF has a 52 week low of $20.31 and a 52 week high of $28.80. The stock’s 50 day moving average price is $27.69 and its two-hundred day moving average price is $26.71. The stock has a market capitalization of $569.88 million, a price-to-earnings ratio of 15.05 and a beta of 0.89.

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).