iShares US Telecommunications ETF (BATS:IYZ) Shares Cross Above 200-Day Moving Average of $23.67

Shares of iShares US Telecommunications ETF (BATS:IYZ – Get Rating) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $23.67 and traded as high as $23.85. iShares US Telecommunications ETF shares last traded at $23.84, with a volume of 1,284,213 shares trading hands.

iShares US Telecommunications ETF Price Performance

The stock has a 50 day simple moving average of $22.74 and a two-hundred day simple moving average of $23.67.

Institutional Trading of iShares US Telecommunications ETF

Hedge funds have recently made changes to their positions in the business. National Bank of Canada FI lifted its position in shares of iShares US Telecommunications ETF by 4.2% in the third quarter. National Bank of Canada FI now owns 60,781 shares of the exchange traded fund’s stock valued at $1,259,000 after buying an additional 2,438 shares during the last quarter. Gilman Hill Asset Management LLC acquired a new stake in shares of iShares US Telecommunications ETF in the third quarter valued at approximately $555,000. First Merchants Corp lifted its position in shares of iShares US Telecommunications ETF by 17.8% in the third quarter. First Merchants Corp now owns 16,697 shares of the exchange traded fund’s stock valued at $348,000 after buying an additional 2,525 shares during the last quarter. Kinloch Capital LLC acquired a new stake in shares of iShares US Telecommunications ETF in the second quarter valued at approximately $351,000. Finally, Lumature Wealth Partners LLC lifted its position in shares of iShares US Telecommunications ETF by 11.7% in the second quarter. Lumature Wealth Partners LLC now owns 28,375 shares of the exchange traded fund’s stock valued at $713,000 after buying an additional 2,961 shares during the last quarter.

iShares US Telecommunications ETF Company Profile

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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).