Sun Life Financial INC boosted its holdings in iShares US Telecommunications ETF (BATS:IYZ) by 2,642.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,981 shares of the exchange traded fund’s stock after buying an additional 38,523 shares during the period. Sun Life Financial INC owned approximately 0.32% of iShares US Telecommunications ETF worth $1,102,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blair William & Co. IL bought a new stake in shares of iShares US Telecommunications ETF during the first quarter valued at approximately $124,000. Mount Yale Investment Advisors LLC bought a new stake in shares of iShares US Telecommunications ETF during the first quarter valued at approximately $203,000. Private Advisor Group LLC bought a new stake in shares of iShares US Telecommunications ETF during the second quarter valued at approximately $206,000. Millennium Management LLC bought a new stake in shares of iShares US Telecommunications ETF during the first quarter valued at approximately $301,000. Finally, First Allied Advisory Services Inc. increased its position in shares of iShares US Telecommunications ETF by 28.8% during the second quarter. First Allied Advisory Services Inc. now owns 17,334 shares of the exchange traded fund’s stock valued at $482,000 after purchasing an additional 3,875 shares during the period.

Shares of IYZ remained flat at $$29.94 on Friday. The stock had a trading volume of 159,809 shares. iShares US Telecommunications ETF has a 1-year low of $26.56 and a 1-year high of $34.77.

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

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