Truist Financial Corp Purchases 784 Shares of iShares U.S. Transportation ETF (BATS:IYT)

Truist Financial Corp grew its holdings in iShares U.S. Transportation ETF (BATS:IYT) by 7.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,302 shares of the exchange traded fund’s stock after buying an additional 784 shares during the quarter. Truist Financial Corp owned 0.08% of iShares U.S. Transportation ETF worth $739,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. lifted its position in shares of iShares U.S. Transportation ETF by 68.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,105 shares of the exchange traded fund’s stock worth $290,000 after purchasing an additional 448 shares in the last quarter. KCM Investment Advisors LLC increased its position in shares of iShares U.S. Transportation ETF by 300.0% during the first quarter. KCM Investment Advisors LLC now owns 3,540 shares of the exchange traded fund’s stock worth $249,000 after acquiring an additional 2,655 shares in the last quarter. Wealthcare Advisory Partners LLC increased its holdings in iShares U.S. Transportation ETF by 450.0% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 6,276 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 5,135 shares in the last quarter. Founders Financial Securities LLC acquired a new stake in iShares U.S. Transportation ETF in the 1st quarter valued at approximately $331,000. Finally, Carlson Capital Management raised its holdings in shares of iShares U.S. Transportation ETF by 299.9% in the first quarter. Carlson Capital Management now owns 4,923 shares of the exchange traded fund’s stock valued at $347,000 after purchasing an additional 3,692 shares during the last quarter.

iShares U.S. Transportation ETF Price Performance

iShares U.S. Transportation ETF stock opened at $71.25 on Tuesday. The firm has a 50-day moving average of $66.74 and a 200-day moving average of $65.97. iShares U.S. Transportation ETF has a one year low of $157.65 and a one year high of $206.73. The company has a market cap of $972.56 million, a price-to-earnings ratio of 4.53 and a beta of 1.11.

iShares U.S. Transportation ETF Company 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.