iShares U.S. Transportation ETF $IYT Shares Bought by Massachusetts Wealth Management

Massachusetts Wealth Management raised its holdings in iShares U.S. Transportation ETF (BATS:IYT) by 1.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,933 shares of the exchange traded fund’s stock after acquiring an additional 235 shares during the quarter. Massachusetts Wealth Management’s holdings in iShares U.S. Transportation ETF were worth $1,092,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. First Financial Bankshares Inc lifted its holdings in iShares U.S. Transportation ETF by 1.8% in the 1st quarter. First Financial Bankshares Inc now owns 272,059 shares of the exchange traded fund’s stock valued at $17,420,000 after acquiring an additional 4,766 shares during the last quarter. Verity & Verity LLC acquired a new stake in iShares U.S. Transportation ETF in the 1st quarter valued at about $6,456,000. Raymond James Financial Inc. lifted its holdings in iShares U.S. Transportation ETF by 52.3% in the 1st quarter. Raymond James Financial Inc. now owns 84,630 shares of the exchange traded fund’s stock valued at $5,419,000 after acquiring an additional 29,060 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in iShares U.S. Transportation ETF by 228.3% during the first quarter. Jones Financial Companies Lllp now owns 82,837 shares of the exchange traded fund’s stock valued at $5,304,000 after buying an additional 57,603 shares in the last quarter. Finally, Jmac Enterprises LLC lifted its stake in iShares U.S. Transportation ETF by 2.8% during the first quarter. Jmac Enterprises LLC now owns 69,965 shares of the exchange traded fund’s stock valued at $4,480,000 after buying an additional 1,921 shares in the last quarter.

iShares U.S. Transportation ETF Trading Up 4.6%

IYT stock opened at $72.75 on Thursday. iShares U.S. Transportation ETF has a one year low of $54.02 and a one year high of $75.59. The firm has a market capitalization of $734.75 million, a PE ratio of 16.05 and a beta of 1.25. The firm has a 50-day moving average of $70.71 and a two-hundred day moving average of $67.18.

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.