First Citizens Financial Corp Sells 2,456 Shares of iShares U.S. Telecommunications ETF (BATS:IYZ)

First Citizens Financial Corp reduced its stake in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 17.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,789 shares of the exchange traded fund’s stock after selling 2,456 shares during the quarter. First Citizens Financial Corp owned 0.12% of iShares U.S. Telecommunications ETF worth $316,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Fisher Asset Management LLC increased its position in shares of iShares U.S. Telecommunications ETF by 1.7% during the 3rd quarter. Fisher Asset Management LLC now owns 22,082 shares of the exchange traded fund’s stock worth $558,000 after purchasing an additional 365 shares in the last quarter. Bank of Montreal Can increased its holdings in shares of iShares U.S. Telecommunications ETF by 0.5% during the second quarter. Bank of Montreal Can now owns 123,651 shares of the exchange traded fund’s stock worth $2,918,000 after buying an additional 626 shares in the last quarter. National Bank of Canada FI raised its stake in shares of 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 valued at $1,900,000 after acquiring an additional 779 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new position in shares of iShares U.S. Telecommunications ETF in the 3rd quarter worth approximately $27,000. Finally, Commonwealth Equity Services LLC grew its position in 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.

iShares U.S. Telecommunications ETF Price Performance

Shares of BATS:IYZ traded up $0.13 during midday trading on Friday, reaching $26.96. The company’s stock had a trading volume of 2,287,423 shares. The business’s fifty day simple moving average is $27.10 and its 200-day simple moving average is $24.65. The company has a market capitalization of $270.95 million, a P/E ratio of 13.32 and a beta of 0.86. iShares U.S. Telecommunications ETF has a fifty-two week low of $26.56 and a fifty-two 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).