First Financial Bankshares Inc Grows Stock Position in iShares U.S. Transportation ETF $IYT

First Financial Bankshares Inc grew its holdings in shares of iShares U.S. Transportation ETF (BATS:IYT) by 4.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 293,923 shares of the exchange traded fund’s stock after purchasing an additional 12,900 shares during the quarter. First Financial Bankshares Inc’s holdings in iShares U.S. Transportation ETF were worth $21,900,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IYT. BNP Paribas Financial Markets increased its position in shares of 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 valued at $26,087,000 after purchasing an additional 349,945 shares during the last quarter. Two Sigma Investments LP increased its position in shares of iShares U.S. Transportation ETF by 1,296.9% during the 3rd quarter. Two Sigma Investments LP now owns 273,800 shares of the exchange traded fund’s stock valued at $19,634,000 after purchasing an additional 254,200 shares during the last quarter. Hudson Bay Capital Management LP purchased a new stake in shares of iShares U.S. Transportation ETF during the 3rd quarter valued at about $7,058,000. Bank of America Corp DE increased its position in shares of iShares U.S. Transportation ETF by 54.6% during the 2nd quarter. Bank of America Corp DE now owns 255,098 shares of the exchange traded fund’s stock valued at $17,484,000 after purchasing an additional 90,131 shares during the last quarter. Finally, SG Americas Securities LLC increased its holdings in iShares U.S. Transportation ETF by 1,601.2% in the 4th quarter. SG Americas Securities LLC now owns 91,833 shares of the exchange traded fund’s stock worth $6,842,000 after acquiring an additional 86,435 shares in the last quarter.

iShares U.S. Transportation ETF Trading Up 3.5%

iShares U.S. Transportation ETF stock opened at $86.12 on Friday. The firm has a 50 day moving average of $80.86 and a 200 day moving average of $78.21. The firm has a market capitalization of $869.81 million, a price-to-earnings ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a 12-month low of $64.34 and a 12-month high of $86.24.

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.