Sanctuary Advisors LLC Buys New Position in iShares U.S. Transportation ETF (BATS:IYT)

Sanctuary Advisors LLC purchased a new position in shares of iShares U.S. Transportation ETF (BATS:IYT) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 31,845 shares of the exchange traded fund’s stock, valued at approximately $2,096,000. Sanctuary Advisors LLC owned about 0.23% of iShares U.S. Transportation ETF as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Truist Financial Corp increased its position in shares of iShares U.S. Transportation ETF by 7.5% in the second quarter. Truist Financial Corp now owns 11,302 shares of the exchange traded fund’s stock valued at $739,000 after acquiring an additional 784 shares during the last quarter. Squarepoint Ops LLC acquired a new position in shares of iShares U.S. Transportation ETF during the 2nd quarter worth approximately $1,290,000. Marshall Wace LLP bought a new stake in shares of iShares U.S. Transportation ETF during the 2nd quarter worth approximately $2,190,000. Thrivent Financial for Lutherans boosted its holdings in shares of iShares U.S. Transportation ETF by 5.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 35,553 shares of the exchange traded fund’s stock valued at $2,326,000 after buying an additional 1,843 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. grew its stake in shares of iShares U.S. Transportation ETF by 2.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 7,273 shares of the exchange traded fund’s stock valued at $476,000 after buying an additional 166 shares in the last quarter.

iShares U.S. Transportation ETF Trading Up 0.9 %

Shares of IYT opened at $67.81 on Wednesday. The company has a market cap of $925.61 million, a price-to-earnings ratio of 4.53 and a beta of 1.11. The company’s fifty day simple moving average is $66.20 and its 200 day simple moving average is $66.00. iShares U.S. Transportation ETF has a 1-year low of $157.65 and a 1-year high of $206.73.

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.