Investors Research Corp Takes $7.92 Million Position in iShares U.S. Transportation ETF $IYT

Investors Research Corp acquired a new position in iShares U.S. Transportation ETF (BATS:IYT) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 91,309 shares of the exchange traded fund’s stock, valued at approximately $7,921,000. iShares U.S. Transportation ETF accounts for 1.4% of Investors Research Corp’s investment portfolio, making the stock its 19th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CoreCap Advisors LLC bought a new stake in iShares U.S. Transportation ETF during the second quarter valued at approximately $28,000. Cornerstone Planning Group LLC bought a new position in iShares U.S. Transportation ETF in the first quarter worth approximately $30,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in iShares U.S. Transportation ETF in the first quarter worth approximately $30,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of iShares U.S. Transportation ETF during the 4th quarter worth $33,000. Finally, CWM LLC boosted its stake in shares of iShares U.S. Transportation ETF by 103.4% during the 4th quarter. CWM LLC now owns 480 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 244 shares during the last quarter.

iShares U.S. Transportation ETF Price Performance

BATS:IYT opened at $82.93 on Wednesday. The firm has a market capitalization of $837.59 million, a price-to-earnings ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a one year low of $68.10 and a one year high of $90.06. The business has a fifty day moving average price of $87.07 and a 200-day moving average price of $82.44.

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.