Nwam LLC Makes New $16.68 Million Investment in iShares U.S. Transportation ETF $IYT

Nwam LLC purchased a new stake in iShares U.S. Transportation ETF (BATS:IYT) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 192,305 shares of the exchange traded fund’s stock, valued at approximately $16,682,000. iShares U.S. Transportation ETF makes up approximately 0.8% of Nwam LLC’s investment portfolio, making the stock its 23rd largest holding. Nwam LLC owned about 1.90% of iShares U.S. Transportation ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in IYT. Odyssey Capital Advisors Inc. purchased a new stake in shares of iShares U.S. Transportation ETF during the fourth quarter worth approximately $530,000. Florin Court Capital LLP raised its holdings in iShares U.S. Transportation ETF by 152.9% in the fourth quarter. Florin Court Capital LLP now owns 47,800 shares of the exchange traded fund’s stock valued at $3,562,000 after acquiring an additional 28,900 shares in the last quarter. Commonwealth Retirement Investments LLC purchased a new position in iShares U.S. Transportation ETF in the fourth quarter worth approximately $811,000. Renaissance Technologies LLC acquired a new position in iShares U.S. Transportation ETF during the 1st quarter worth approximately $1,104,000. Finally, BNP Paribas Financial Markets grew its holdings in 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 acquiring an additional 349,945 shares in the last quarter.

iShares U.S. Transportation ETF Trading Down 1.4%

Shares of BATS:IYT opened at $85.14 on Tuesday. iShares U.S. Transportation ETF has a 52 week low of $68.10 and a 52 week high of $90.06. The company’s 50 day moving average is $87.09 and its two-hundred day moving average is $82.43. The company has a market cap of $859.91 million, a PE ratio of 16.05 and a beta of 1.25.

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.