iShares U.S. Transportation ETF $IYT Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its holdings in iShares U.S. Transportation ETF (BATS:IYT) by 1,601.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 91,833 shares of the exchange traded fund’s stock after purchasing an additional 86,435 shares during the quarter. SG Americas Securities LLC’s holdings in iShares U.S. Transportation ETF were worth $6,842,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the business. Two Sigma Investments LP boosted its stake in iShares U.S. Transportation ETF by 1,296.9% during the third quarter. Two Sigma Investments LP now owns 273,800 shares of the exchange traded fund’s stock valued at $19,634,000 after buying an additional 254,200 shares in the last quarter. Hudson Bay Capital Management LP acquired a new position in iShares U.S. Transportation ETF during the third quarter worth about $7,058,000. Bank of America Corp DE raised 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 worth $17,484,000 after acquiring an additional 90,131 shares in the last quarter. Citigroup Inc. raised its position in iShares U.S. Transportation ETF by 100.0% in the third quarter. Citigroup Inc. now owns 102,449 shares of the exchange traded fund’s stock worth $7,347,000 after acquiring an additional 51,219 shares in the last quarter. Finally, Stenger Family Office LLC acquired a new stake in iShares U.S. Transportation ETF in the 3rd quarter valued at about $3,673,000.

iShares U.S. Transportation ETF Trading Up 3.4%

BATS:IYT opened at $74.60 on Wednesday. iShares U.S. Transportation ETF has a twelve month low of $54.02 and a twelve month high of $83.07. The company has a 50-day moving average of $77.90 and a 200-day moving average of $74.85. The firm has a market cap of $753.46 million, a price-to-earnings ratio of 16.05 and a beta of 1.25.

iShares U.S. Transportation ETF 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.