ETF Trends
ETF Trends

Exchange traded funds (ETFs) that invest in telecommunications stocks rose Wednesday after AT&T (NYSE: T) reported quarterly earnings that topped analyst forecasts.

AT&T’s net income rose in the quarter after the company lost exclusive rights to offer Apple’s (NasdaqGS: AAPL) iPhone on its network, Bloomberg reported.

AT&T is the top holding in iShares Dow Jones US Telecom (NYSEArca: IYZ) at 15.9%.

Level 3 Communications’ (NasdaqGS: LVLT) recent bid to acquire Global Crossing (NasdaqGS: GLBC) has fueled hopes for more deals in the telecom sector.

Some telecom sector ETFs include:

  • iShares Dow Jones US Telecommunications (NYSEArca: IYZ)
  • Vanguard Telecommunications (NYSEARca: VOX)
  • Telecom HOLDRs (AMEX: TTH)
  • iShares S&P Global Telecommunications Index Fund (NYSEArca: IXP)

Vanguard Telecommunications


The opinions and forecasts expressed herein are solely those of John Spence, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.