Osaic Holdings Inc. Acquires 18,709 Shares of iShares U.S. Transportation ETF $IYT

Osaic Holdings Inc. increased its holdings in shares of iShares U.S. Transportation ETF (BATS:IYT) by 66.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,020 shares of the exchange traded fund’s stock after acquiring an additional 18,709 shares during the period. Osaic Holdings Inc.’s holdings in iShares U.S. Transportation ETF were worth $3,222,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Howe & Rusling Inc. lifted its holdings in shares of iShares U.S. Transportation ETF by 6.2% during the first quarter. Howe & Rusling Inc. now owns 3,244 shares of the exchange traded fund’s stock valued at $208,000 after purchasing an additional 188 shares during the last quarter. Massachusetts Wealth Management increased its position in iShares U.S. Transportation ETF by 1.5% during the 2nd quarter. Massachusetts Wealth Management now owns 15,933 shares of the exchange traded fund’s stock valued at $1,092,000 after buying an additional 235 shares in the last quarter. Valmark Advisers Inc. raised its stake in iShares U.S. Transportation ETF by 8.9% during the second quarter. Valmark Advisers Inc. now owns 4,607 shares of the exchange traded fund’s stock valued at $316,000 after buying an additional 377 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in iShares U.S. Transportation ETF in the second quarter worth $49,000. Finally, WFA of San Diego LLC purchased a new stake in shares of iShares U.S. Transportation ETF in the second quarter worth $69,000.

iShares U.S. Transportation ETF Price Performance

Shares of BATS:IYT opened at $75.74 on Friday. The business has a fifty day moving average price of $72.84 and a 200-day moving average price of $70.97. The company has a market capitalization of $764.98 million, a PE ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a 1-year low of $54.02 and a 1-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. 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.