Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares U.S. Transportation ETF (BATS:IYT – Free Report) by 142.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,281 shares of the exchange traded fund’s stock after purchasing an additional 23,681 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares U.S. Transportation ETF were worth $3,061,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in IYT. Two Sigma Investments LP grew its holdings in iShares U.S. Transportation ETF by 1,296.9% during the 3rd quarter. Two Sigma Investments LP now owns 273,800 shares of the exchange traded fund’s stock valued at $19,634,000 after purchasing an additional 254,200 shares during the last quarter. Hudson Bay Capital Management LP bought a new position in iShares U.S. Transportation ETF during the 3rd quarter valued at about $7,058,000. Bank of America Corp DE grew its holdings in iShares U.S. Transportation ETF by 54.6% during the 2nd quarter. Bank of America Corp DE now owns 255,098 shares of the exchange traded fund’s stock valued at $17,484,000 after purchasing an additional 90,131 shares during the last quarter. SG Americas Securities LLC grew its holdings in iShares U.S. Transportation ETF by 1,601.2% during the 4th quarter. SG Americas Securities LLC now owns 91,833 shares of the exchange traded fund’s stock valued at $6,842,000 after purchasing an additional 86,435 shares during the last quarter. Finally, Citigroup Inc. grew its holdings in iShares U.S. Transportation ETF by 100.0% during the 3rd quarter. Citigroup Inc. now owns 102,449 shares of the exchange traded fund’s stock valued at $7,347,000 after purchasing an additional 51,219 shares during the last quarter.
iShares U.S. Transportation ETF Stock Performance
Shares of BATS:IYT opened at $81.45 on Tuesday. The company has a market capitalization of $822.65 million, a price-to-earnings ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a 12 month low of $64.28 and a 12 month high of $83.24. The firm’s 50-day moving average is $78.11 and its 200 day moving average is $77.00.
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. 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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