NBT Bank N.A. Purchases 37,858 Shares of iShares U.S. Telecommunications ETF $IYZ

NBT Bank N.A. purchased a new position in iShares U.S. Telecommunications ETF (BATS:IYZ) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 37,858 shares of the exchange traded fund’s stock, valued at approximately $1,559,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Comprehensive Financial Planning Inc. PA bought a new stake in iShares U.S. Telecommunications ETF during the second quarter valued at $28,000. TD Waterhouse Canada Inc. purchased a new position in iShares U.S. Telecommunications ETF during the second quarter worth about $28,000. Western Wealth Management LLC purchased a new position in iShares U.S. Telecommunications ETF during the first quarter worth about $34,000. MWA Asset Management purchased a new position in iShares U.S. Telecommunications ETF during the first quarter worth about $81,000. Finally, Community Bank & Trust Waco Texas bought a new position in iShares U.S. Telecommunications ETF in the 2nd quarter worth about $89,000.

iShares U.S. Telecommunications ETF Stock Down 0.3%

Shares of BATS IYZ opened at $38.39 on Friday. The stock’s 50-day simple moving average is $42.01 and its two-hundred day simple moving average is $42.16. iShares U.S. Telecommunications ETF has a twelve month low of $31.06 and a twelve month high of $46.07. The firm has a market capitalization of $708.30 million, a P/E ratio of 14.09 and a beta of 0.90.

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.