16,970 Shares of iShares U.S. Telecommunications ETF $IYZ Purchased by WESPAC Advisors LLC

WESPAC Advisors LLC acquired a new position in iShares U.S. Telecommunications ETF (BATS:IYZ) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 16,970 shares of the exchange traded fund’s stock, valued at approximately $699,000. WESPAC Advisors LLC owned 0.09% of iShares U.S. Telecommunications ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Comprehensive Financial Planning Inc. PA acquired a new stake in iShares U.S. Telecommunications ETF in the 2nd quarter valued at approximately $28,000. TD Waterhouse Canada Inc. acquired a new position in shares of iShares U.S. Telecommunications ETF during the second quarter worth approximately $28,000. Mondrian Investment Partners LTD acquired a new position in shares of iShares U.S. Telecommunications ETF during the third quarter worth approximately $26,000. Western Wealth Management LLC acquired a new position in shares of iShares U.S. Telecommunications ETF during the first quarter worth approximately $34,000. Finally, MWA Asset Management bought a new stake in shares of iShares U.S. Telecommunications ETF in the first quarter valued at approximately $81,000.

iShares U.S. Telecommunications ETF Trading Up 1.0%

IYZ opened at $38.79 on Tuesday. The business has a 50 day moving average of $41.93 and a 200-day moving average of $40.78. The stock has a market capitalization of $715.68 million, a price-to-earnings ratio of 14.09 and a beta of 0.90. iShares U.S. Telecommunications ETF has a 1-year low of $31.06 and a 1-year high of $46.07.

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). 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.