Nwam LLC Invests $16.68 Million in iShares U.S. Transportation ETF $IYT

Nwam LLC bought a new position in shares of iShares U.S. Transportation ETF (BATS:IYT) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 192,305 shares of the exchange traded fund’s stock, valued at approximately $16,682,000. iShares U.S. Transportation ETF comprises 0.8% of Nwam LLC’s investment portfolio, making the stock its 23rd biggest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IYT. Odyssey Capital Advisors Inc. purchased a new position in iShares U.S. Transportation ETF in the fourth quarter valued at approximately $530,000. Florin Court Capital LLP lifted its position in shares of iShares U.S. Transportation ETF by 152.9% during the 4th quarter. Florin Court Capital LLP now owns 47,800 shares of the exchange traded fund’s stock worth $3,562,000 after buying an additional 28,900 shares during the last quarter. Commonwealth Retirement Investments LLC acquired a new position in shares of iShares U.S. Transportation ETF in the 4th quarter valued at $811,000. Renaissance Technologies LLC purchased a new position in shares of iShares U.S. Transportation ETF in the 1st quarter valued at $1,104,000. Finally, BNP Paribas Financial Markets grew its position in shares of iShares U.S. Transportation ETF by 205,850.0% in the 4th quarter. BNP Paribas Financial Markets now owns 350,115 shares of the exchange traded fund’s stock valued at $26,087,000 after buying an additional 349,945 shares during the last quarter.

iShares U.S. Transportation ETF Price Performance

Shares of BATS:IYT opened at $85.14 on Tuesday. The company’s fifty day moving average price is $87.09 and its 200 day moving average price is $82.43. iShares U.S. Transportation ETF has a 12 month low of $68.10 and a 12 month high of $90.06. The firm has a market capitalization of $859.91 million, a P/E 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. 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.