19,334 Shares in iShares U.S. Telecommunications ETF $IYZ Purchased by Astoria Portfolio Advisors LLC.

Astoria Portfolio Advisors LLC. acquired a new stake in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 19,334 shares of the exchange traded fund’s stock, valued at approximately $640,000. Astoria Portfolio Advisors LLC. owned approximately 0.10% of iShares U.S. Telecommunications ETF at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in IYZ. Croban increased its position in shares of iShares U.S. Telecommunications ETF by 0.6% during the second quarter. Croban now owns 75,634 shares of the exchange traded fund’s stock worth $2,252,000 after acquiring an additional 454 shares during the period. WFA of San Diego LLC bought a new position in iShares U.S. Telecommunications ETF in the second quarter worth approximately $25,000. Leuthold Group LLC increased its holdings in iShares U.S. Telecommunications ETF by 2.6% during the 2nd quarter. Leuthold Group LLC now owns 42,014 shares of the exchange traded fund’s stock worth $1,251,000 after purchasing an additional 1,078 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new position in iShares U.S. Telecommunications ETF during the 2nd quarter worth $32,000. Finally, Corient Private Wealth LLC raised its position in iShares U.S. Telecommunications ETF by 3.6% during the 2nd quarter. Corient Private Wealth LLC now owns 35,312 shares of the exchange traded fund’s stock valued at $1,052,000 after purchasing an additional 1,212 shares in the last quarter.

iShares U.S. Telecommunications ETF Trading Up 25.9%

IYZ opened at $33.68 on Friday. iShares U.S. Telecommunications ETF has a 12-month low of $21.55 and a 12-month high of $30.50. The company has a market capitalization of $621.30 million, a price-to-earnings ratio of 14.09 and a beta of 0.90. The business’s fifty day simple moving average is $32.62 and its 200-day simple moving average is $31.21.

iShares U.S. Telecommunications ETF 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.