77,306 iShares U.S. Telecommunications ETF $IYZ Shares Sold by VestGen Advisors LLC

VestGen Advisors LLC decreased its holdings in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 70.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,084 shares of the exchange traded fund’s stock after selling 77,306 shares during the period. VestGen Advisors LLC’s holdings in iShares U.S. Telecommunications ETF were worth $1,362,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in IYZ. WESPAC Advisors LLC bought a new position in shares of iShares U.S. Telecommunications ETF in the 3rd quarter worth about $699,000. Mondrian Investment Partners LTD bought a new stake in shares of iShares U.S. Telecommunications ETF during the 3rd quarter valued at about $26,000. NBT Bank N.A. bought a new stake in shares of iShares U.S. Telecommunications ETF during the 3rd quarter valued at about $1,559,000. Wagner Wealth Management Corp raised its stake in iShares U.S. Telecommunications ETF by 4.9% during the third quarter. Wagner Wealth Management Corp now owns 49,847 shares of the exchange traded fund’s stock worth $2,053,000 after acquiring an additional 2,350 shares during the period. Finally, Retirement Planning Group LLC acquired a new stake in iShares U.S. Telecommunications ETF during the third quarter worth about $1,007,000.

iShares U.S. Telecommunications ETF Stock Down 3.0%

IYZ opened at $38.38 on Friday. The company’s 50-day moving average price is $41.62 and its 200 day moving average price is $40.90. iShares U.S. Telecommunications ETF has a fifty-two week low of $31.06 and a fifty-two week high of $46.07. The firm has a market cap of $708.11 million, a price-to-earnings 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.