IFP Advisors Inc Takes $61,000 Position in iShares U.S. Transportation ETF (BATS:IYT)

IFP Advisors Inc bought a new stake in iShares U.S. Transportation ETF (BATS:IYT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 900 shares of the exchange traded fund’s stock, valued at approximately $61,000.

A number of other large investors also recently modified their holdings of the stock. Sanctuary Wealth Management L.L.C. purchased a new position in iShares U.S. Transportation ETF in the third quarter worth $41,000. ORG Partners LLC purchased a new position in iShares U.S. Transportation ETF in the fourth quarter worth $54,000. Global Retirement Partners LLC boosted its position in iShares U.S. Transportation ETF by 653.4% in the fourth quarter. Global Retirement Partners LLC now owns 1,567 shares of the exchange traded fund’s stock worth $106,000 after purchasing an additional 1,359 shares during the last quarter. Transcendent Capital Group LLC boosted its position in iShares U.S. Transportation ETF by 11.4% in the third quarter. Transcendent Capital Group LLC now owns 1,782 shares of the exchange traded fund’s stock worth $123,000 after purchasing an additional 182 shares during the last quarter. Finally, Allworth Financial LP boosted its position in iShares U.S. Transportation ETF by 23.3% in the fourth quarter. Allworth Financial LP now owns 1,815 shares of the exchange traded fund’s stock worth $130,000 after purchasing an additional 343 shares during the last quarter.

iShares U.S. Transportation ETF Trading Down 2.4 %

IYT stock opened at $67.89 on Friday. The stock’s fifty day simple moving average is $70.19 and its two-hundred day simple moving average is $69.81. iShares U.S. Transportation ETF has a 1-year low of $157.65 and a 1-year high of $206.73. The stock has a market cap of $617.75 million, a P/E ratio of 22.25 and a beta of 1.22.

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.