Leuthold Group LLC acquired a new position in iShares U.S. Transportation ETF (BATS:IYT – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 18,029 shares of the exchange traded fund’s stock, valued at approximately $1,343,000. Leuthold Group LLC owned approximately 0.18% of iShares U.S. Transportation ETF as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the company. First Financial Bankshares Inc grew its position in iShares U.S. Transportation ETF by 1.9% in the 3rd quarter. First Financial Bankshares Inc now owns 281,023 shares of the exchange traded fund’s stock worth $20,152,000 after purchasing an additional 5,280 shares in the last quarter. Two Sigma Investments LP grew its position in iShares U.S. Transportation ETF by 1,296.9% in the 3rd quarter. Two Sigma Investments LP now owns 273,800 shares of the exchange traded fund’s stock worth $19,634,000 after purchasing an additional 254,200 shares in the last quarter. Bank of America Corp DE grew its position in iShares U.S. Transportation ETF by 54.6% in the 2nd quarter. Bank of America Corp DE now owns 255,098 shares of the exchange traded fund’s stock worth $17,484,000 after purchasing an additional 90,131 shares in the last quarter. UBS Group AG grew its position in iShares U.S. Transportation ETF by 1.2% in the 4th quarter. UBS Group AG now owns 204,495 shares of the exchange traded fund’s stock worth $15,237,000 after purchasing an additional 2,452 shares in the last quarter. Finally, Citigroup Inc. grew its position in iShares U.S. Transportation ETF by 100.0% in the 3rd quarter. Citigroup Inc. now owns 102,449 shares of the exchange traded fund’s stock worth $7,347,000 after purchasing an additional 51,219 shares in the last quarter.
iShares U.S. Transportation ETF Stock Performance
Shares of IYT stock opened at $80.07 on Monday. The company has a market capitalization of $808.71 million, a price-to-earnings ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a 52-week low of $64.28 and a 52-week high of $83.24. The company has a 50-day simple moving average of $77.53 and a two-hundred day simple moving average of $76.60.
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.
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