Commonwealth Retirement Investments LLC Acquires New Holdings in iShares U.S. Transportation ETF $IYT

Commonwealth Retirement Investments LLC acquired a new stake in iShares U.S. Transportation ETF (BATS:IYT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 10,887 shares of the exchange traded fund’s stock, valued at approximately $811,000. Commonwealth Retirement Investments LLC owned about 0.11% of iShares U.S. Transportation ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. BNP Paribas Financial Markets raised its position in shares of iShares U.S. Transportation ETF by 205,850.0% during the 4th quarter. BNP Paribas Financial Markets now owns 350,115 shares of the exchange traded fund’s stock worth $26,087,000 after buying an additional 349,945 shares in the last quarter. First Financial Bankshares Inc raised its position in shares of iShares U.S. Transportation ETF by 1.9% during the 3rd quarter. First Financial Bankshares Inc now owns 281,023 shares of the exchange traded fund’s stock worth $20,152,000 after buying an additional 5,280 shares in the last quarter. Two Sigma Investments LP raised its position in shares of 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 worth $19,634,000 after buying an additional 254,200 shares in the last quarter. Bank of America Corp DE raised its position in shares of 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 worth $17,484,000 after buying an additional 90,131 shares in the last quarter. Finally, LPL Financial LLC raised its position in shares of iShares U.S. Transportation ETF by 6.7% during the 4th quarter. LPL Financial LLC now owns 223,052 shares of the exchange traded fund’s stock worth $16,620,000 after buying an additional 14,046 shares in the last quarter.

iShares U.S. Transportation ETF Trading Up 0.2%

IYT stock opened at $84.79 on Tuesday. iShares U.S. Transportation ETF has a 52 week low of $64.34 and a 52 week high of $85.47. The company has a market capitalization of $856.38 million, a price-to-earnings ratio of 16.05 and a beta of 1.25. The firm’s 50-day moving average is $80.14 and its two-hundred day moving average is $77.88.

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. 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.