37,858 Shares in iShares U.S. Telecommunications ETF $IYZ Bought by NBT Bank N.A.

NBT Bank N.A. purchased a new position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 37,858 shares of the exchange traded fund’s stock, valued at approximately $1,559,000. NBT Bank N.A. owned about 0.21% of iShares U.S. Telecommunications ETF at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IYZ. Bank of America Corp DE grew its holdings in iShares U.S. Telecommunications ETF by 25.5% in the 1st quarter. Bank of America Corp DE now owns 1,786,452 shares of the exchange traded fund’s stock valued at $70,243,000 after buying an additional 363,423 shares in the last quarter. MinichMacGregor Wealth Management LLC increased its position in iShares U.S. Telecommunications ETF by 1.4% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 503,804 shares of the exchange traded fund’s stock worth $20,747,000 after buying an additional 7,138 shares during the period. Advisortrust Partners LLC bought a new position in iShares U.S. Telecommunications ETF during the 1st quarter worth $12,322,000. Three Seasons Wealth LLC increased its position in iShares U.S. Telecommunications ETF by 95.3% during the 2nd quarter. Three Seasons Wealth LLC now owns 249,263 shares of the exchange traded fund’s stock worth $10,546,000 after buying an additional 121,621 shares during the period. Finally, WealthCare Asset Management LLC lifted its holdings in shares of iShares U.S. Telecommunications ETF by 1.1% during the first quarter. WealthCare Asset Management LLC now owns 244,862 shares of the exchange traded fund’s stock worth $9,628,000 after buying an additional 2,732 shares in the last quarter.

iShares U.S. Telecommunications ETF Stock Down 0.3%

Shares of iShares U.S. Telecommunications ETF stock opened at $38.39 on Friday. The company has a 50-day simple moving average of $42.01 and a two-hundred day simple moving average of $42.16. iShares U.S. Telecommunications ETF has a twelve month low of $31.06 and a twelve month high of $46.07. The stock has a market capitalization of $708.30 million, a price-to-earnings 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). The Index measures the performance of the telecommunications sector of the United States equity market, and includes companies in the industry groups, such as fixed-line telecommunications and mobile telecommunications.