58,544 Shares in iShares U.S. Transportation ETF $IYT Acquired by Sunburst Financial Group LLC

Sunburst Financial Group LLC acquired a new position in shares of iShares U.S. Transportation ETF (BATS:IYT) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 58,544 shares of the exchange traded fund’s stock, valued at approximately $5,079,000. iShares U.S. Transportation ETF accounts for 0.8% of Sunburst Financial Group LLC’s holdings, making the stock its 20th largest position.

A number of other institutional investors and hedge funds have also bought and sold shares of IYT. BNP Paribas Financial Markets lifted its holdings in shares of iShares U.S. Transportation ETF by 205,850.0% in the 4th quarter. BNP Paribas Financial Markets now owns 350,115 shares of the exchange traded fund’s stock worth $26,087,000 after buying an additional 349,945 shares during the period. Two Sigma Investments LP grew 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 worth $19,634,000 after buying an additional 254,200 shares in the last quarter. Nwam LLC purchased a new position in shares of iShares U.S. Transportation ETF during the second quarter valued at $16,682,000. Wells Fargo & Company MN increased its stake in shares of iShares U.S. Transportation ETF by 60.1% during the fourth quarter. Wells Fargo & Company MN now owns 359,247 shares of the exchange traded fund’s stock valued at $26,767,000 after buying an additional 134,924 shares during the period. Finally, Millennium Management LLC bought a new stake in shares of iShares U.S. Transportation ETF in the fourth quarter valued at about $8,338,000.

iShares U.S. Transportation ETF Price Performance

IYT stock opened at $82.93 on Wednesday. iShares U.S. Transportation ETF has a 1-year low of $68.10 and a 1-year high of $90.06. The business has a 50-day moving average price of $87.07 and a 200 day moving average price of $82.44. The company has a market capitalization of $837.59 million, a P/E 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.