CHICAGO TRUST Co NA Invests $219,000 in iShares U.S. Telecommunications ETF (BATS:IYZ)

CHICAGO TRUST Co NA purchased a new position in iShares U.S. Telecommunications ETF (BATS:IYZ) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 8,684 shares of the exchange traded fund’s stock, valued at approximately $219,000.

Other hedge funds also recently bought and sold shares of the company. Bank of Montreal Can increased its position in shares of iShares U.S. Telecommunications ETF by 0.5% during the 2nd quarter. Bank of Montreal Can now owns 123,651 shares of the exchange traded fund’s stock valued at $2,918,000 after purchasing an additional 626 shares during the last quarter. National Bank of Canada FI raised its position in iShares U.S. Telecommunications ETF by 0.9% in the second quarter. National Bank of Canada FI now owns 87,814 shares of the exchange traded fund’s stock worth $1,900,000 after acquiring an additional 779 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of iShares U.S. Telecommunications ETF by 3.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 31,563 shares of the exchange traded fund’s stock worth $686,000 after acquiring an additional 1,114 shares during the last quarter. Retirement Planning Group LLC grew its position in shares of iShares U.S. Telecommunications ETF by 8.7% during the 3rd quarter. Retirement Planning Group LLC now owns 20,297 shares of the exchange traded fund’s stock valued at $513,000 after acquiring an additional 1,618 shares during the period. Finally, Williams & Novak LLC raised its holdings in iShares U.S. Telecommunications ETF by 12.2% in the 3rd quarter. Williams & Novak LLC now owns 17,940 shares of the exchange traded fund’s stock worth $453,000 after purchasing an additional 1,945 shares during the period.

iShares U.S. Telecommunications ETF Stock Performance

BATS:IYZ opened at $25.78 on Tuesday. The stock has a 50-day simple moving average of $23.96 and a two-hundred day simple moving average of $22.35. The firm has a market capitalization of $259.09 million, a PE ratio of 13.32 and a beta of 0.86. iShares U.S. Telecommunications ETF has a 52-week low of $26.56 and a 52-week high of $34.77.

About iShares U.S. Telecommunications ETF

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).