1,486,240 Shares of iShares U.S. Transportation ETF $IYT Acquired by WestEnd Advisors LLC

WestEnd Advisors LLC acquired a new position in iShares U.S. Transportation ETF (BATS:IYT) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,486,240 shares of the exchange traded fund’s stock, valued at approximately $116,702,000. iShares U.S. Transportation ETF accounts for approximately 2.6% of WestEnd Advisors LLC’s portfolio, making the stock its 16th largest holding. WestEnd Advisors LLC owned approximately 14.72% of iShares U.S. Transportation ETF at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Ashton Thomas Securities LLC bought a new stake in iShares U.S. Transportation ETF in the 3rd quarter valued at about $395,000. Oppenheimer & Co. Inc. acquired a new position in iShares U.S. Transportation ETF during the 3rd quarter valued at about $326,000. Park Avenue Securities LLC bought a new position in iShares U.S. Transportation ETF in the 3rd quarter worth about $411,000. Signaturefd LLC acquired a new stake in shares of iShares U.S. Transportation ETF in the third quarter valued at approximately $49,000. Finally, Manchester Capital Management LLC acquired a new stake in shares of iShares U.S. Transportation ETF in the third quarter valued at approximately $34,000.

iShares U.S. Transportation ETF Trading Up 1.8%

IYT opened at $82.16 on Wednesday. The business’s 50 day moving average is $81.83 and its 200-day moving average is $81.63. The stock has a market cap of $829.82 million, a PE ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a twelve month low of $68.10 and a twelve month high of $90.06.

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.