XML Financial LLC Takes Position in iShares U.S. Transportation ETF $IYT

XML Financial LLC bought a new position in shares of iShares U.S. Transportation ETF (BATS:IYT) during the second quarter, HoldingsChannel reports. The fund bought 17,902 shares of the exchange traded fund’s stock, valued at approximately $1,553,000.

A number of other institutional investors have also modified their holdings of IYT. Beacon Financial Advisory LLC purchased a new stake in iShares U.S. Transportation ETF in the 2nd quarter valued at $1,686,000. Tsfg LLC acquired a new stake in iShares U.S. Transportation ETF during the 2nd quarter worth $113,000. Clarus Wealth Advisors grew its position in iShares U.S. Transportation ETF by 10.6% during the 2nd quarter. Clarus Wealth Advisors now owns 30,095 shares of the exchange traded fund’s stock worth $2,606,000 after purchasing an additional 2,885 shares during the last quarter. Investors Research Corp purchased a new position in iShares U.S. Transportation ETF during the 2nd quarter worth $7,921,000. Finally, First PREMIER Bank purchased a new position in iShares U.S. Transportation ETF during the 2nd quarter worth $60,000.

iShares U.S. Transportation ETF Stock Performance

BATS IYT opened at $83.32 on Thursday. The firm’s fifty day moving average is $87.03 and its two-hundred day moving average is $82.47. iShares U.S. Transportation ETF has a one year low of $68.10 and a one year high of $90.06. The firm has a market cap of $841.53 million, a PE ratio of 16.05 and a beta of 1.25.

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.