8,154 Shares in iShares US Telecommunications ETF (IYZ) Purchased by First Republic Investment Management Inc.

First Republic Investment Management Inc. acquired a new stake in iShares US Telecommunications ETF (BATS:IYZ) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,154 shares of the exchange traded fund’s stock, valued at approximately $242,000.

Several other hedge funds have also made changes to their positions in the stock. Bank of Montreal Can raised its position in shares of iShares US Telecommunications ETF by 23.1% in the fourth quarter. Bank of Montreal Can now owns 86,938 shares of the exchange traded fund’s stock worth $2,291,000 after buying an additional 16,331 shares in the last quarter. Toth Financial Advisory Corp raised its position in shares of iShares US Telecommunications ETF by 2.2% in the fourth quarter. Toth Financial Advisory Corp now owns 73,839 shares of the exchange traded fund’s stock worth $1,946,000 after buying an additional 1,593 shares in the last quarter. Dowling & Yahnke LLC raised its position in shares of iShares US Telecommunications ETF by 3.7% in the fourth quarter. Dowling & Yahnke LLC now owns 46,064 shares of the exchange traded fund’s stock worth $1,323,000 after buying an additional 1,642 shares in the last quarter. S. R. Schill & Associates purchased a new stake in shares of iShares US Telecommunications ETF in the fourth quarter worth $3,080,000. Finally, CWM LLC raised its position in shares of iShares US Telecommunications ETF by 203.5% in the fourth quarter. CWM LLC now owns 9,592 shares of the exchange traded fund’s stock worth $253,000 after buying an additional 6,432 shares in the last quarter.

Shares of IYZ stock opened at $29.48 on Tuesday. iShares US Telecommunications ETF has a 52-week low of $26.56 and a 52-week high of $34.77.

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iShares US Telecommunications ETF Company 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).

Further Reading: Net Margin

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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