UBS Group AG Buys 18,161 Shares of iShares US Telecommunications ETF (BATS:IYZ)

UBS Group AG boosted its stake in shares of iShares US Telecommunications ETF (BATS:IYZ – Get Rating) by 15.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 137,717 shares of the exchange traded fund’s stock after buying an additional 18,161 shares during the period. UBS Group AG’s holdings in iShares US Telecommunications ETF were worth $2,876,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. National Bank of Canada FI increased its position in iShares US Telecommunications ETF by 4.2% during the 3rd 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 in the last quarter. Gilman Hill Asset Management LLC bought a new position in iShares US Telecommunications ETF during the 3rd quarter valued at approximately $555,000. First Merchants Corp increased its position in iShares US Telecommunications ETF by 17.8% during the 3rd 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 in the last quarter. Kinloch Capital LLC bought a new position in iShares US Telecommunications ETF during the 2nd quarter valued at approximately $351,000. Finally, Integrated Advisors Network LLC bought a new position in iShares US Telecommunications ETF during the 3rd quarter valued at approximately $2,802,000.

iShares US Telecommunications ETF Price Performance

iShares US Telecommunications ETF stock opened at $23.00 on Friday. The stock has a fifty day simple moving average of $23.57 and a two-hundred day simple moving average of $23.17. iShares US Telecommunications ETF has a 12 month low of $26.56 and a 12 month high of $34.77.

About iShares US Telecommunications ETF

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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).