10,887 Shares in iShares U.S. Transportation ETF $IYT Purchased by Commonwealth Retirement Investments LLC

Commonwealth Retirement Investments LLC bought a new position in shares of iShares U.S. Transportation ETF (BATS:IYT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 10,887 shares of the exchange traded fund’s stock, valued at approximately $811,000.

Several other hedge funds also recently made changes to their positions in the business. BNP Paribas Financial Markets grew its stake in shares of iShares U.S. Transportation ETF by 205,850.0% in the 4th quarter. BNP Paribas Financial Markets now owns 350,115 shares of the exchange traded fund’s stock worth $26,087,000 after purchasing an additional 349,945 shares during the last quarter. First Financial Bankshares Inc grew its stake in shares of iShares U.S. Transportation ETF by 1.9% in the 3rd quarter. First Financial Bankshares Inc now owns 281,023 shares of the exchange traded fund’s stock worth $20,152,000 after purchasing an additional 5,280 shares during the last quarter. Two Sigma Investments LP grew its stake in shares of iShares U.S. Transportation ETF by 1,296.9% in the 3rd quarter. Two Sigma Investments LP now owns 273,800 shares of the exchange traded fund’s stock worth $19,634,000 after purchasing an additional 254,200 shares during the last quarter. Bank of America Corp DE grew its stake in shares of iShares U.S. Transportation ETF by 54.6% in the 2nd quarter. Bank of America Corp DE now owns 255,098 shares of the exchange traded fund’s stock worth $17,484,000 after purchasing an additional 90,131 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of iShares U.S. Transportation ETF by 6.7% in the 4th quarter. LPL Financial LLC now owns 223,052 shares of the exchange traded fund’s stock worth $16,620,000 after purchasing an additional 14,046 shares during the last quarter.

iShares U.S. Transportation ETF Price Performance

Shares of IYT opened at $84.79 on Tuesday. The firm’s 50 day moving average is $80.14 and its 200-day moving average is $77.88. The stock has a market capitalization of $856.38 million, a P/E ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a 12-month low of $64.34 and a 12-month high of $85.47.

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.