8,373 Shares in iShares U.S. Transportation ETF $IYT Acquired by Rodgers & Associates LTD

Rodgers & Associates LTD purchased a new position in iShares U.S. Transportation ETF (BATS:IYT) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,373 shares of the exchange traded fund’s stock, valued at approximately $726,000. Rodgers & Associates LTD owned 0.08% of iShares U.S. Transportation ETF at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. NewEdge Advisors LLC raised its position in shares of iShares U.S. Transportation ETF by 233.9% during the first quarter. NewEdge Advisors LLC now owns 12,589 shares of the exchange traded fund’s stock valued at $806,000 after buying an additional 8,819 shares during the last quarter. Cerity Partners LLC purchased a new position in iShares U.S. Transportation ETF during the second quarter valued at $388,000. Raymond James Financial Inc. grew its stake in iShares U.S. Transportation ETF by 8.4% during the second quarter. Raymond James Financial Inc. now owns 91,742 shares of the exchange traded fund’s stock valued at $6,288,000 after acquiring an additional 7,112 shares in the last quarter. Bank of America Corp DE grew its stake in iShares U.S. Transportation ETF by 54.6% during the second quarter. Bank of America Corp DE now owns 255,098 shares of the exchange traded fund’s stock valued at $17,484,000 after acquiring an additional 90,131 shares in the last quarter. Finally, WFA of San Diego LLC bought a new stake in iShares U.S. Transportation ETF in the 2nd quarter valued at $69,000.

iShares U.S. Transportation ETF Stock Up 0.5%

Shares of IYT stock opened at $83.32 on Thursday. The stock has a market cap of $841.53 million, a P/E ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a 52 week low of $68.10 and a 52 week high of $90.06. The company’s fifty day simple moving average is $87.03 and its two-hundred day simple moving average is $82.47.

About iShares U.S. Transportation ETF

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.