Millennium Management LLC boosted its stake in shares of iShares US Telecommunications ETF (BATS:IYZ) by 86.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 20,769 shares of the exchange traded fund’s stock after buying an additional 9,630 shares during the period. Millennium Management LLC’s holdings in iShares US Telecommunications ETF were worth $573,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of IYZ. Tibra Equities Europe Ltd purchased a new position in shares of iShares US Telecommunications ETF in the 2nd quarter worth $5,647,000. Wells Fargo & Company MN grew its stake in shares of iShares US Telecommunications ETF by 36.0% in the 2nd quarter. Wells Fargo & Company MN now owns 520,350 shares of the exchange traded fund’s stock worth $14,346,000 after buying an additional 137,789 shares in the last quarter. BNP Paribas Arbitrage SA grew its stake in shares of iShares US Telecommunications ETF by 45.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 331,291 shares of the exchange traded fund’s stock worth $9,134,000 after buying an additional 104,190 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of iShares US Telecommunications ETF by 229.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 117,824 shares of the exchange traded fund’s stock worth $3,248,000 after buying an additional 82,086 shares in the last quarter. Finally, Sun Life Financial INC grew its stake in shares of iShares US Telecommunications ETF by 2,642.2% in the 2nd quarter. Sun Life Financial INC now owns 39,981 shares of the exchange traded fund’s stock worth $1,102,000 after buying an additional 38,523 shares in the last quarter.

Shares of BATS:IYZ opened at $28.83 on Friday. iShares US Telecommunications ETF has a 52 week low of $26.56 and a 52 week high of $34.77.

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About iShares US 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).

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Want to see what other hedge funds are holding IYZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares US Telecommunications ETF (BATS:IYZ).

Institutional Ownership by Quarter for iShares US Telecommunications ETF (BATS:IYZ)

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