GSA Capital Partners LLP Decreases Holdings in iShares U.S. Telecommunications ETF (BATS:IYZ)

GSA Capital Partners LLP trimmed its stake in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 6.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,627 shares of the exchange traded fund’s stock after selling 1,259 shares during the period. GSA Capital Partners LLP owned 0.18% of iShares U.S. Telecommunications ETF worth $445,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Concurrent Investment Advisors LLC lifted its holdings in iShares U.S. Telecommunications ETF by 4.7% during the third quarter. Concurrent Investment Advisors LLC now owns 48,504 shares of the exchange traded fund’s stock valued at $1,225,000 after purchasing an additional 2,168 shares in the last quarter. Vanguard Capital Wealth Advisors purchased a new position in iShares U.S. Telecommunications ETF during the third quarter valued at $778,000. Leuthold Group LLC purchased a new position in shares of iShares U.S. Telecommunications ETF in the third quarter worth about $632,000. Ferguson Wellman Capital Management Inc. purchased a new position in shares of iShares U.S. Telecommunications ETF in the third quarter worth about $532,000. Finally, CHICAGO TRUST Co NA purchased a new position in shares of iShares U.S. Telecommunications ETF in the third quarter worth about $219,000.

iShares U.S. Telecommunications ETF Trading Up 0.5 %

BATS:IYZ opened at $26.95 on Thursday. The company’s 50-day moving average price is $25.76 and its 200-day moving average price is $23.36. The company has a market cap of $270.85 million, a P/E ratio of 13.32 and a beta of 0.86. iShares U.S. Telecommunications ETF has a twelve month low of $26.56 and a twelve month high of $34.77.

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).