XML Financial LLC Purchases New Position in iShares U.S. Transportation ETF $IYT

XML Financial LLC purchased a new stake in iShares U.S. Transportation ETF (BATS:IYT) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,902 shares of the exchange traded fund’s stock, valued at approximately $1,553,000. XML Financial LLC owned about 0.18% of iShares U.S. Transportation ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its holdings in shares of iShares U.S. Transportation ETF by 233.9% in the 1st 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 in the last quarter. Cerity Partners LLC acquired a new stake in iShares U.S. Transportation ETF during the 2nd quarter worth $388,000. Raymond James Financial Inc. raised its stake in iShares U.S. Transportation ETF by 8.4% during the 2nd quarter. Raymond James Financial Inc. now owns 91,742 shares of the exchange traded fund’s stock worth $6,288,000 after acquiring an additional 7,112 shares in the last quarter. Bank of America Corp DE lifted its position in iShares U.S. Transportation ETF by 54.6% in 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 during the last quarter. Finally, WFA of San Diego LLC purchased a new stake in iShares U.S. Transportation ETF in the second quarter valued at $69,000.

iShares U.S. Transportation ETF Price Performance

BATS IYT opened at $83.32 on Thursday. iShares U.S. Transportation ETF has a 1 year low of $68.10 and a 1 year high of $90.06. The company has a market capitalization of $841.53 million, a PE ratio of 16.05 and a beta of 1.25. The company has a fifty day moving average of $87.03 and a two-hundred day moving average of $82.47.

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.