Greenspring Advisors LLC Acquires Shares of 13,565 iShares U.S. Transportation ETF $IYT

Greenspring Advisors LLC acquired a new position in iShares U.S. Transportation ETF (BATS:IYT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 13,565 shares of the exchange traded fund’s stock, valued at approximately $1,177,000.

Other large investors have also recently made changes to their positions in the company. NewEdge Advisors LLC raised its position in shares of iShares U.S. Transportation ETF by 233.9% during 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 bought a new stake in iShares U.S. Transportation ETF during the second quarter worth approximately $388,000. Raymond James Financial Inc. increased 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 worth $6,288,000 after acquiring an additional 7,112 shares during the last quarter. Bank of America Corp DE raised its position 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 purchasing an additional 90,131 shares during the period. Finally, WFA of San Diego LLC bought a new stake in shares of iShares U.S. Transportation ETF in the 2nd quarter valued at approximately $69,000.

iShares U.S. Transportation ETF Stock Performance

Shares of iShares U.S. Transportation ETF stock opened at $83.32 on Thursday. The stock has a market cap of $841.53 million, a price-to-earnings ratio of 16.05 and a beta of 1.25. The stock has a 50 day moving average price of $87.03 and a 200-day moving average price of $82.47. iShares U.S. Transportation ETF has a one year low of $68.10 and a one year high of $90.06.

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.