Rodgers & Associates LTD acquired a new position in iShares U.S. Transportation ETF (BATS:IYT – Free Report) during the second quarter, HoldingsChannel reports. The institutional investor acquired 8,373 shares of the exchange traded fund’s stock, valued at approximately $726,000.
Other hedge funds have also modified their holdings of the company. CoreCap Advisors LLC purchased a new position in shares of iShares U.S. Transportation ETF in the second quarter valued at $28,000. Cornerstone Planning Group LLC bought a new stake in iShares U.S. Transportation ETF in the first quarter worth $30,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in iShares U.S. Transportation ETF during the first quarter valued at $30,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in iShares U.S. Transportation ETF during the fourth quarter valued at $33,000. Finally, CWM LLC raised its stake in iShares U.S. Transportation ETF by 103.4% during the fourth quarter. CWM LLC now owns 480 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 244 shares in the last quarter.
iShares U.S. Transportation ETF Stock Up 0.5%
IYT stock opened at $83.32 on Thursday. iShares U.S. Transportation ETF has a 52 week low of $68.10 and a 52 week high of $90.06. The firm has a market capitalization of $841.53 million, a P/E ratio of 16.05 and a beta of 1.25. The company has a fifty day simple moving average of $87.03 and a two-hundred day simple moving average of $82.47.
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.
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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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