Stenger Family Office LLC Acquires New Holdings in iShares U.S. Transportation ETF $IYT

Stenger Family Office LLC bought a new position in shares of iShares U.S. Transportation ETF (BATS:IYT) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 51,215 shares of the exchange traded fund’s stock, valued at approximately $3,673,000. Stenger Family Office LLC owned 0.51% of iShares U.S. Transportation ETF at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IYT. SG Americas Securities LLC bought a new stake in iShares U.S. Transportation ETF during the third quarter valued at approximately $387,000. Spire Wealth Management grew its holdings in shares of iShares U.S. Transportation ETF by 7.0% during the 3rd quarter. Spire Wealth Management now owns 2,633 shares of the exchange traded fund’s stock valued at $189,000 after purchasing an additional 173 shares during the last quarter. Massachusetts Wealth Management raised its position in iShares U.S. Transportation ETF by 3.3% in the 3rd quarter. Massachusetts Wealth Management now owns 16,463 shares of the exchange traded fund’s stock worth $1,181,000 after purchasing an additional 530 shares during the period. Mather Group LLC. purchased a new position in shares of iShares U.S. Transportation ETF in the third quarter worth about $107,000. Finally, Toth Financial Advisory Corp lifted its stake in shares of iShares U.S. Transportation ETF by 44.8% in the 3rd quarter. Toth Financial Advisory Corp now owns 21,638 shares of the exchange traded fund’s stock valued at $1,552,000 after acquiring an additional 6,696 shares during the last quarter.

iShares U.S. Transportation ETF Stock Performance

Shares of IYT stock opened at $77.82 on Friday. The stock has a 50 day moving average price of $74.48 and a two-hundred day moving average price of $72.09. iShares U.S. Transportation ETF has a fifty-two week low of $54.02 and a fifty-two week high of $75.59. The company has a market capitalization of $785.96 million, a P/E 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.