iShares U.S. Transportation ETF $IYT Shares Acquired by Florin Court Capital LLP

Florin Court Capital LLP lifted its stake in shares of iShares U.S. Transportation ETF (BATS:IYT) by 152.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,800 shares of the exchange traded fund’s stock after buying an additional 28,900 shares during the quarter. iShares U.S. Transportation ETF makes up about 5.0% of Florin Court Capital LLP’s investment portfolio, making the stock its 8th largest holding. Florin Court Capital LLP owned approximately 0.47% of iShares U.S. Transportation ETF worth $3,562,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. NewEdge Advisors LLC boosted its holdings in iShares U.S. Transportation ETF by 233.9% in the first quarter. NewEdge Advisors LLC now owns 12,589 shares of the exchange traded fund’s stock worth $806,000 after purchasing an additional 8,819 shares during the period. Cerity Partners LLC acquired a new position in shares of iShares U.S. Transportation ETF during the second quarter valued at $388,000. Raymond James Financial Inc. boosted its holdings in shares of iShares U.S. Transportation ETF by 8.4% during the second quarter. Raymond James Financial Inc. now owns 91,742 shares of the exchange traded fund’s stock valued at $6,288,000 after acquiring an additional 7,112 shares during the period. Bank of America Corp DE boosted its holdings in shares of iShares U.S. Transportation ETF by 54.6% during the second quarter. Bank of America Corp DE now owns 255,098 shares of the exchange traded fund’s stock valued at $17,484,000 after acquiring an additional 90,131 shares during the period. Finally, WFA of San Diego LLC bought a new stake in shares of iShares U.S. Transportation ETF during the second quarter valued at about $69,000.

iShares U.S. Transportation ETF Stock Down 0.1%

Shares of BATS IYT opened at $80.07 on Friday. iShares U.S. Transportation ETF has a fifty-two week low of $64.28 and a fifty-two week high of $83.24. The firm’s 50-day simple moving average is $77.53 and its 200 day simple moving average is $76.57. The stock has a market cap of $808.71 million, a P/E ratio of 16.05 and a beta of 1.25.

About iShares U.S. Transportation ETF

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.