Jane Street Group LLC Purchases New Position in iShares U.S. Telecommunications ETF (BATS:IYZ)

Jane Street Group LLC acquired a new stake in iShares U.S. Telecommunications ETF (BATS:IYZ) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,289 shares of the exchange traded fund’s stock, valued at approximately $276,000. Jane Street Group LLC owned about 0.10% of iShares U.S. Telecommunications ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IYZ. Stratos Wealth Advisors LLC bought a new position in iShares U.S. Telecommunications ETF in the 4th quarter valued at $254,000. Mezzasalma Advisors LLC purchased a new position in shares of iShares U.S. Telecommunications ETF in the fourth quarter valued at about $226,000. Apollon Wealth Management LLC purchased a new position in shares of iShares U.S. Telecommunications ETF in the fourth quarter valued at about $12,947,000. Moloney Securities Asset Management LLC purchased a new position in shares of iShares U.S. Telecommunications ETF during the fourth quarter valued at about $8,269,000. Finally, Sanctuary Advisors LLC increased its position in shares of iShares U.S. Telecommunications ETF by 4.1% during the fourth quarter. Sanctuary Advisors LLC now owns 57,490 shares of the exchange traded fund’s stock valued at $1,574,000 after buying an additional 2,276 shares during the period.

iShares U.S. Telecommunications ETF Price Performance

BATS:IYZ opened at $28.48 on Wednesday. iShares U.S. Telecommunications ETF has a one year low of $20.72 and a one year high of $28.80. The company’s 50-day simple moving average is $26.96 and its 200 day simple moving average is $27.34. The firm has a market capitalization of $421.43 million, a P/E ratio of 14.65 and a beta of 0.89.

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).