Clear Creek Financial Management LLC Invests $813,000 in iShares U.S. Telecommunications ETF $IYZ

Clear Creek Financial Management LLC acquired a new stake in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 25,187 shares of the exchange traded fund’s stock, valued at approximately $813,000. Clear Creek Financial Management LLC owned approximately 0.14% of iShares U.S. Telecommunications ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of IYZ. GSA Capital Partners LLP boosted its holdings in iShares U.S. Telecommunications ETF by 46.4% in the 3rd quarter. GSA Capital Partners LLP now owns 19,616 shares of the exchange traded fund’s stock valued at $633,000 after purchasing an additional 6,217 shares during the period. Balboa Wealth Partners boosted its stake in iShares U.S. Telecommunications ETF by 1.0% during the third quarter. Balboa Wealth Partners now owns 89,587 shares of the exchange traded fund’s stock valued at $2,890,000 after buying an additional 888 shares during the period. Assetmark Inc. grew its position in iShares U.S. Telecommunications ETF by 751.9% during the third quarter. Assetmark Inc. now owns 886 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 782 shares in the last quarter. Stratos Wealth Advisors LLC bought a new position in iShares U.S. Telecommunications ETF in the 3rd quarter worth about $262,000. Finally, Stratos Investment Management LLC raised its holdings in shares of iShares U.S. Telecommunications ETF by 38.8% in the 3rd quarter. Stratos Investment Management LLC now owns 10,816 shares of the exchange traded fund’s stock valued at $349,000 after acquiring an additional 3,025 shares in the last quarter.

iShares U.S. Telecommunications ETF Trading Up 0.9%

Shares of IYZ opened at $39.03 on Friday. iShares U.S. Telecommunications ETF has a 12-month low of $23.95 and a 12-month high of $39.10. The company has a market cap of $720.10 million, a PE ratio of 14.09 and a beta of 0.90. The stock has a 50-day moving average price of $35.18 and a 200-day moving average price of $33.16.

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). 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.