Toth Financial Advisory Corp Acquires 32,405 Shares of iShares U.S. Transportation ETF $IYT

Toth Financial Advisory Corp acquired a new position in iShares U.S. Transportation ETF (BATS:IYT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 32,405 shares of the exchange traded fund’s stock, valued at approximately $2,544,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IYT. Envestnet Asset Management Inc. raised its stake in shares of iShares U.S. Transportation ETF by 21,349.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,302,141 shares of the exchange traded fund’s stock valued at $199,711,000 after purchasing an additional 2,291,408 shares during the period. Bank of America Corp DE lifted its position in iShares U.S. Transportation ETF by 26.5% during the first quarter. Bank of America Corp DE now owns 408,579 shares of the exchange traded fund’s stock valued at $30,480,000 after purchasing an additional 85,669 shares during the last quarter. First Financial Bankshares Inc lifted its holdings in shares of iShares U.S. Transportation ETF by 4.6% during the 4th quarter. First Financial Bankshares Inc now owns 293,923 shares of the exchange traded fund’s stock worth $21,900,000 after acquiring an additional 12,900 shares during the last quarter. Nwam LLC purchased a new position in shares of iShares U.S. Transportation ETF in the 2nd quarter worth about $16,682,000. Finally, Investors Research Corp purchased a new stake in iShares U.S. Transportation ETF in the second quarter worth approximately $7,921,000.

iShares U.S. Transportation ETF Stock Performance

Shares of IYT stock traded up $0.32 on Thursday, hitting $79.24. 684,437 shares of the company’s stock traded hands, compared to its average volume of 775,432. The company’s fifty day simple moving average is $83.57 and its 200 day simple moving average is $82.86. iShares U.S. Transportation ETF has a one year low of $68.10 and a one year high of $90.06. The stock has a market capitalization of $800.33 million, a price-to-earnings ratio of 16.05 and a beta of 1.25.

About iShares U.S. Transportation ETF

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.