Massachusetts Wealth Management Increases Stake in iShares U.S. Transportation ETF (BATS:IYT)

Massachusetts Wealth Management raised its position in iShares U.S. Transportation ETF (BATS:IYT) by 5.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 16,058 shares of the exchange traded fund’s stock after acquiring an additional 825 shares during the period. Massachusetts Wealth Management’s holdings in iShares U.S. Transportation ETF were worth $1,085,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sanctuary Wealth Management L.L.C. purchased a new position in iShares U.S. Transportation ETF during the third quarter worth about $41,000. ORG Partners LLC purchased a new position in shares of iShares U.S. Transportation ETF during the 4th quarter worth approximately $54,000. Bristlecone Advisors LLC acquired a new stake in shares of iShares U.S. Transportation ETF in the 3rd quarter valued at approximately $81,000. Transcendent Capital Group LLC boosted its stake in shares of iShares U.S. Transportation ETF by 11.4% in the third quarter. Transcendent Capital Group LLC now owns 1,782 shares of the exchange traded fund’s stock valued at $123,000 after buying an additional 182 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in iShares U.S. Transportation ETF during the third quarter worth $208,000.

iShares U.S. Transportation ETF Stock Performance

iShares U.S. Transportation ETF stock opened at $70.07 on Wednesday. The company has a market cap of $956.46 million, a P/E ratio of 4.53 and a beta of 1.11. iShares U.S. Transportation ETF has a one year low of $157.65 and a one year high of $206.73. The business has a fifty day moving average of $70.41 and a two-hundred day moving average of $68.91.

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.