Sanctuary Advisors LLC Has $1.57 Million Stock Position in iShares U.S. Telecommunications ETF (BATS:IYZ)

Sanctuary Advisors LLC lifted its holdings in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 4.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 57,490 shares of the exchange traded fund’s stock after purchasing an additional 2,276 shares during the period. Sanctuary Advisors LLC owned 0.57% of iShares U.S. Telecommunications ETF worth $1,574,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. Leuthold Group LLC bought a new stake in shares of iShares U.S. Telecommunications ETF in the 3rd quarter valued at $632,000. Vanguard Capital Wealth Advisors bought a new stake in iShares U.S. Telecommunications ETF during the third quarter valued at $778,000. Concurrent Investment Advisors LLC boosted its position in iShares U.S. Telecommunications ETF by 4.7% during the third quarter. Concurrent Investment Advisors LLC now owns 48,504 shares of the exchange traded fund’s stock valued at $1,225,000 after acquiring an additional 2,168 shares during the last quarter. Ferguson Wellman Capital Management Inc. acquired a new stake in iShares U.S. Telecommunications ETF during the 3rd quarter worth about $532,000. Finally, OneDigital Investment Advisors LLC bought a new position in shares of iShares U.S. Telecommunications ETF in the 3rd quarter worth about $446,000.

iShares U.S. Telecommunications ETF Stock Performance

iShares U.S. Telecommunications ETF stock opened at $28.25 on Tuesday. iShares U.S. Telecommunications ETF has a 52-week low of $26.56 and a 52-week high of $34.77. The stock’s 50 day moving average price is $27.49 and its two-hundred day moving average price is $26.18. The stock has a market capitalization of $562.08 million, a price-to-earnings ratio of 18.98 and a beta of 0.88.

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).