Jones Financial Companies Lllp raised its stake in iShares U.S. Transportation ETF (BATS:IYT – Free Report) by 228.3% during the first quarter, HoldingsChannel.com reports. The fund owned 82,837 shares of the exchange traded fund’s stock after acquiring an additional 57,603 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares U.S. Transportation ETF were worth $5,304,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bessemer Group Inc. acquired a new stake in shares of iShares U.S. Transportation ETF in the 1st quarter valued at $27,000. Vermillion Wealth Management Inc. bought a new position in iShares U.S. Transportation ETF during the 4th quarter valued at about $58,000. Harbour Investments Inc. boosted its position in iShares U.S. Transportation ETF by 56.5% in the first quarter. Harbour Investments Inc. now owns 1,127 shares of the exchange traded fund’s stock valued at $72,000 after buying an additional 407 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in iShares U.S. Transportation ETF in the fourth quarter valued at about $180,000. Finally, Mercer Global Advisors Inc. ADV bought a new stake in iShares U.S. Transportation ETF during the fourth quarter worth about $202,000.
iShares U.S. Transportation ETF Trading Up 1.4%
BATS IYT opened at $70.50 on Wednesday. iShares U.S. Transportation ETF has a 1-year low of $54.02 and a 1-year high of $75.59. The company has a 50 day moving average of $70.33 and a 200-day moving average of $66.52. The firm has a market cap of $712.04 million, a price-to-earnings ratio of 16.05 and a beta of 1.25.
iShares U.S. Transportation ETF 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.
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Want to see what other hedge funds are holding IYT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Transportation ETF (BATS:IYT – Free Report).
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