Osaic Holdings Inc. Acquires 18,709 Shares of iShares U.S. Transportation ETF $IYT

Osaic Holdings Inc. increased its holdings in iShares U.S. Transportation ETF (BATS:IYT) by 66.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 47,020 shares of the exchange traded fund’s stock after acquiring an additional 18,709 shares during the quarter. Osaic Holdings Inc. owned about 0.47% of iShares U.S. Transportation ETF worth $3,222,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Howe & Rusling Inc. lifted its position in shares of iShares U.S. Transportation ETF by 6.2% in the 1st quarter. Howe & Rusling Inc. now owns 3,244 shares of the exchange traded fund’s stock worth $208,000 after purchasing an additional 188 shares during the period. Massachusetts Wealth Management raised its stake in iShares U.S. Transportation ETF by 1.5% in the second quarter. Massachusetts Wealth Management now owns 15,933 shares of the exchange traded fund’s stock worth $1,092,000 after buying an additional 235 shares in the last quarter. Valmark Advisers Inc. lifted its holdings in iShares U.S. Transportation ETF by 8.9% in the second quarter. Valmark Advisers Inc. now owns 4,607 shares of the exchange traded fund’s stock worth $316,000 after buying an additional 377 shares during the period. Ameritas Advisory Services LLC purchased a new stake in iShares U.S. Transportation ETF in the second quarter worth about $49,000. Finally, WFA of San Diego LLC bought a new stake in iShares U.S. Transportation ETF during the 2nd quarter valued at approximately $69,000.

iShares U.S. Transportation ETF Stock Performance

Shares of BATS:IYT opened at $75.74 on Friday. The firm has a market capitalization of $764.98 million, a P/E ratio of 16.05 and a beta of 1.25. The stock has a 50 day moving average price of $72.84 and a 200-day moving average price of $70.97. iShares U.S. Transportation ETF has a 52-week low of $54.02 and a 52-week high of $75.59.

iShares U.S. Transportation ETF Company Profile

iShares Transportation Average ETF (the Fund), formerly iShares Dow Jones Transportation Average Index Fund, is an exchange-traded fund (ETF). The Fund seek investment results that correspond generally to the price and yield performance, before fees and expenses, of Dow Jones Transportation Average Index. The Index measures the performance of the transportation sector of the United States equity market, and includes companies in the primary groups, such as airlines, trucking, railroads, air freight, transportation services and industrial services.