Global Retirement Partners LLC Buys 900 Shares of iShares U.S. Telecommunications ETF (BATS:IYZ)

Global Retirement Partners LLC lifted its stake in iShares U.S. Telecommunications ETF (BATS:IYZ) by 301.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,199 shares of the exchange traded fund’s stock after buying an additional 900 shares during the period. Global Retirement Partners LLC’s holdings in iShares U.S. Telecommunications ETF were worth $32,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of iShares U.S. Telecommunications ETF in the fourth quarter valued at about $527,000. Sanctuary Advisors LLC raised its position in iShares U.S. Telecommunications ETF by 4.1% in the fourth quarter. Sanctuary Advisors LLC now owns 57,490 shares of the exchange traded fund’s stock worth $1,574,000 after purchasing an additional 2,276 shares in the last quarter. Moloney Securities Asset Management LLC acquired a new position in iShares U.S. Telecommunications ETF in the fourth quarter worth about $8,269,000. Apollon Wealth Management LLC acquired a new position in iShares U.S. Telecommunications ETF in the fourth quarter worth about $12,947,000. Finally, Mezzasalma Advisors LLC acquired a new position in iShares U.S. Telecommunications ETF in the fourth quarter worth about $226,000.

iShares U.S. Telecommunications ETF Stock Up 6.3 %

BATS:IYZ opened at $28.43 on Friday. iShares U.S. Telecommunications ETF has a 12-month low of $26.56 and a 12-month high of $34.77. The firm has a market capitalization of $565.66 million, a PE ratio of 18.98 and a beta of 0.88. The firm has a 50-day moving average price of $27.59 and a 200 day moving average price of $26.33.

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).