iShares Dow Jones US Telecom (IYZ) Position Lifted by Hsbc Holdings PLC

Hsbc Holdings PLC raised its position in iShares Dow Jones US Telecom (BATS:IYZ) by 111.9% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 63,319 shares of the exchange traded fund’s stock after acquiring an additional 33,435 shares during the period. Hsbc Holdings PLC owned about 0.50% of iShares Dow Jones US Telecom worth $1,710,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IYZ. Citigroup Inc. lifted its stake in iShares Dow Jones US Telecom by 105,367.5% in the 1st quarter. Citigroup Inc. now owns 367,027 shares of the exchange traded fund’s stock valued at $9,931,000 after acquiring an additional 366,679 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Dow Jones US Telecom by 3,558.5% in the 1st quarter. JPMorgan Chase & Co. now owns 305,482 shares of the exchange traded fund’s stock valued at $8,255,000 after acquiring an additional 297,132 shares in the last quarter. SG Americas Securities LLC lifted its stake in iShares Dow Jones US Telecom by 1,515.0% in the 1st quarter. SG Americas Securities LLC now owns 100,000 shares of the exchange traded fund’s stock valued at $2,702,000 after acquiring an additional 93,808 shares in the last quarter. Schafer Cullen Capital Management Inc. bought a new stake in iShares Dow Jones US Telecom in the 4th quarter valued at approximately $2,464,000. Finally, The Manufacturers Life Insurance Company raised its stake in shares of iShares Dow Jones US Telecom by 8,739.7% during the 4th quarter. The Manufacturers Life Insurance Company now owns 60,375 shares of the exchange traded fund’s stock worth $1,776,000 after purchasing an additional 59,692 shares in the last quarter.

Shares of iShares Dow Jones US Telecom remained flat at $$27.88 on Wednesday, Marketbeat.com reports. The stock had a trading volume of 412,097 shares. iShares Dow Jones US Telecom has a one year low of $26.56 and a one year high of $34.77.

iShares Dow Jones US Telecom 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).

Institutional Ownership by Quarter for iShares Dow Jones US Telecom (BATS:IYZ)

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