6,942 Shares in iShares U.S. Transportation ETF $IYT Purchased by Fortune 45 LLC

Fortune 45 LLC purchased a new stake in iShares U.S. Transportation ETF (BATS:IYT) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 6,942 shares of the exchange traded fund’s stock, valued at approximately $602,000. iShares U.S. Transportation ETF makes up approximately 0.3% of Fortune 45 LLC’s holdings, making the stock its 29th biggest holding. Fortune 45 LLC owned approximately 0.07% of iShares U.S. Transportation ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IYT. NewEdge Advisors LLC raised its holdings in shares of iShares U.S. Transportation ETF by 233.9% during the first quarter. NewEdge Advisors LLC now owns 12,589 shares of the exchange traded fund’s stock valued at $806,000 after acquiring an additional 8,819 shares during the last quarter. Cerity Partners LLC acquired a new stake in shares of iShares U.S. Transportation ETF in the second quarter worth approximately $388,000. Raymond James Financial Inc. boosted its stake in shares of iShares U.S. Transportation ETF by 8.4% in the second quarter. Raymond James Financial Inc. now owns 91,742 shares of the exchange traded fund’s stock worth $6,288,000 after acquiring an additional 7,112 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of iShares U.S. Transportation ETF by 54.6% in the second 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 last quarter. Finally, WFA of San Diego LLC purchased a new stake in shares of iShares U.S. Transportation ETF during the second quarter worth approximately $69,000.

iShares U.S. Transportation ETF Stock Performance

BATS IYT opened at $83.60 on Friday. The business has a fifty day moving average price of $86.97 and a 200 day moving average price of $82.50. iShares U.S. Transportation ETF has a one year low of $68.10 and a one year high of $90.06. The company has a market cap of $844.36 million, a P/E ratio of 16.05 and a beta of 1.25.

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.