ST Germain D J Co. Inc. Invests $381,000 in iShares U.S. Telecommunications ETF (BATS:IYZ)

ST Germain D J Co. Inc. acquired a new position in iShares U.S. Telecommunications ETF (BATS:IYZ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,184 shares of the exchange traded fund’s stock, valued at approximately $381,000. ST Germain D J Co. Inc. owned about 0.14% of iShares U.S. Telecommunications ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Citigroup Inc. grew its stake in shares of iShares U.S. Telecommunications ETF by 1,907.8% in the third quarter. Citigroup Inc. now owns 1,170,676 shares of the exchange traded fund’s stock worth $29,571,000 after acquiring an additional 1,112,371 shares during the last quarter. Strengthening Families & Communities LLC boosted its stake in iShares U.S. Telecommunications ETF by 5.4% during the third quarter. Strengthening Families & Communities LLC now owns 283,668 shares of the exchange traded fund’s stock worth $7,165,000 after buying an additional 14,507 shares in the last quarter. Millennium Management LLC acquired a new stake in iShares U.S. Telecommunications ETF during the second quarter worth $5,430,000. Penserra Capital Management LLC acquired a new stake in iShares U.S. Telecommunications ETF during the third quarter worth $4,513,000. Finally, Pinnacle Family Advisors LLC acquired a new stake in iShares U.S. Telecommunications ETF during the third quarter worth $3,481,000.

iShares U.S. Telecommunications ETF Price Performance

IYZ opened at $26.52 on Friday. iShares U.S. Telecommunications ETF has a fifty-two week low of $26.56 and a fifty-two week high of $34.77. The firm’s fifty day moving average price is $27.23 and its two-hundred day moving average price is $24.86. The company has a market capitalization of $266.53 million, a P/E ratio of 13.32 and a beta of 0.86.

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).