Massachusetts Wealth Management Raises Holdings in iShares U.S. Transportation ETF (BATS:IYT)

Massachusetts Wealth Management boosted its stake in shares of iShares U.S. Transportation ETF (BATS:IYT) by 340.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,088 shares of the exchange traded fund’s stock after purchasing an additional 10,891 shares during the quarter. Massachusetts Wealth Management’s holdings in iShares U.S. Transportation ETF were worth $992,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Highlander Capital Management LLC purchased a new position in shares of iShares U.S. Transportation ETF in the 4th quarter valued at about $26,000. Vima LLC purchased a new position in shares of iShares U.S. Transportation ETF in the 4th quarter valued at about $77,000. Transcendent Capital Group LLC purchased a new position in shares of iShares U.S. Transportation ETF in the 4th quarter valued at about $105,000. Norwood Financial Corp increased its holdings in shares of iShares U.S. Transportation ETF by 300.0% in the 1st quarter. Norwood Financial Corp now owns 500 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 375 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new position in shares of iShares U.S. Transportation ETF in the 3rd quarter valued at about $123,000.

iShares U.S. Transportation ETF Price Performance

Shares of IYT traded up $0.21 during mid-day trading on Thursday, reaching $65.05. The company’s stock had a trading volume of 149,258 shares. iShares U.S. Transportation ETF has a 12-month low of $157.65 and a 12-month high of $206.73. The stock has a market cap of $887.93 million, a PE ratio of 4.53 and a beta of 1.11. The company’s 50 day moving average is $64.84 and its 200 day moving average is $66.56.

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.