iShares U.S. Transportation ETF (BATS:IYT) Shares Bought by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC increased its position in shares of iShares U.S. Transportation ETF (BATS:IYT) by 16.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,026 shares of the exchange traded fund’s stock after acquiring an additional 1,443 shares during the period. Miracle Mile Advisors LLC owned approximately 0.07% of iShares U.S. Transportation ETF worth $706,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Highlander Capital Management LLC acquired a new stake in shares of iShares U.S. Transportation ETF during the fourth quarter valued at approximately $26,000. Norwood Financial Corp lifted its stake in iShares U.S. Transportation ETF by 300.0% in the 1st quarter. Norwood Financial Corp now owns 500 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 375 shares in the last quarter. Vima LLC purchased a new position in iShares U.S. Transportation ETF during the 4th quarter valued at about $77,000. Transcendent Capital Group LLC acquired a new stake in shares of iShares U.S. Transportation ETF during the fourth quarter worth approximately $105,000. Finally, EP Wealth Advisors LLC purchased a new position in iShares U.S. Transportation ETF during the third quarter valued at approximately $123,000.

iShares U.S. Transportation ETF Trading Down 1.0 %

IYT stock traded down $0.63 during midday trading on Monday, reaching $64.80. The company had a trading volume of 311,186 shares. The company has a 50 day moving average of $64.94 and a two-hundred day moving average of $66.59. iShares U.S. Transportation ETF has a 1 year low of $157.65 and a 1 year high of $206.73. The company has a market capitalization of $884.52 million, a P/E ratio of 4.53 and a beta of 1.11.

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.