iShares U.S. Transportation ETF (BATS:IYT) Shares Purchased by Indie Asset Partners LLC

Indie Asset Partners LLC boosted its stake in iShares U.S. Transportation ETF (BATS:IYT) by 1.4% during the 1st quarter, HoldingsChannel reports. The fund owned 14,462 shares of the exchange traded fund’s stock after buying an additional 200 shares during the period. iShares U.S. Transportation ETF comprises 0.8% of Indie Asset Partners LLC’s portfolio, making the stock its 19th largest position. Indie Asset Partners LLC’s holdings in iShares U.S. Transportation ETF were worth $926,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in IYT. Bessemer Group Inc. bought a new stake in iShares U.S. Transportation ETF during the first quarter valued at $27,000. Vermillion Wealth Management Inc. bought a new stake in iShares U.S. Transportation ETF during the fourth quarter valued at $58,000. EP Wealth Advisors LLC bought a new stake in iShares U.S. Transportation ETF during the fourth quarter valued at $180,000. Mercer Global Advisors Inc. ADV bought a new stake in iShares U.S. Transportation ETF during the fourth quarter valued at $202,000. Finally, Manatuck Hill Partners LLC bought a new stake in iShares U.S. Transportation ETF during the fourth quarter valued at $209,000.

iShares U.S. Transportation ETF Stock Performance

iShares U.S. Transportation ETF stock opened at $71.15 on Tuesday. The company has a 50-day simple moving average of $68.05 and a 200-day simple moving average of $66.76. The firm has a market capitalization of $718.64 million, a P/E ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a one year low of $54.02 and a one year high of $75.59.

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.