iShares U.S. Transportation ETF $IYT Stake Lifted by SG Americas Securities LLC

SG Americas Securities LLC boosted its stake in iShares U.S. Transportation ETF (BATS:IYT) by 1,601.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,833 shares of the exchange traded fund’s stock after buying an additional 86,435 shares during the period. SG Americas Securities LLC owned 0.91% of iShares U.S. Transportation ETF worth $6,842,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IYT. First Financial Bankshares Inc boosted its holdings in shares of iShares U.S. Transportation ETF by 1.9% during the third quarter. First Financial Bankshares Inc now owns 281,023 shares of the exchange traded fund’s stock valued at $20,152,000 after acquiring an additional 5,280 shares during the period. Two Sigma Investments LP grew its position in shares of iShares U.S. Transportation ETF by 1,296.9% during the third quarter. Two Sigma Investments LP now owns 273,800 shares of the exchange traded fund’s stock worth $19,634,000 after acquiring an additional 254,200 shares during the last quarter. Bank of America Corp DE increased its holdings 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 acquiring an additional 90,131 shares during the period. Citigroup Inc. increased its holdings in shares of iShares U.S. Transportation ETF by 100.0% in the 3rd quarter. Citigroup Inc. now owns 102,449 shares of the exchange traded fund’s stock worth $7,347,000 after acquiring an additional 51,219 shares during the period. Finally, Hudson Bay Capital Management LP bought a new stake in iShares U.S. Transportation ETF in the 3rd quarter valued at about $7,058,000.

iShares U.S. Transportation ETF Stock Up 3.4%

Shares of BATS:IYT opened at $74.60 on Wednesday. The company’s 50-day moving average price is $77.90 and its 200 day moving average price is $74.85. The company has a market cap of $753.46 million, a PE ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a fifty-two week low of $54.02 and a fifty-two week high of $83.07.

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.