BNP Paribas Financial Markets Buys 349,945 Shares of iShares U.S. Transportation ETF $IYT

BNP Paribas Financial Markets grew its stake in iShares U.S. Transportation ETF (BATS:IYT) by 205,850.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 350,115 shares of the exchange traded fund’s stock after purchasing an additional 349,945 shares during the quarter. BNP Paribas Financial Markets owned approximately 3.47% of iShares U.S. Transportation ETF worth $26,087,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. North Star Investment Management Corp. raised its position in shares of iShares U.S. Transportation ETF by 165.6% in the fourth quarter. North Star Investment Management Corp. now owns 425 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 265 shares during the period. CWM LLC raised its position in shares of iShares U.S. Transportation ETF by 103.4% in the fourth quarter. CWM LLC now owns 480 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 244 shares during the period. Flagship Harbor Advisors LLC bought a new position in shares of iShares U.S. Transportation ETF in the fourth quarter valued at about $37,000. AlphaCore Capital LLC bought a new position in shares of iShares U.S. Transportation ETF in the fourth quarter valued at about $39,000. Finally, WFA of San Diego LLC bought a new position in shares of iShares U.S. Transportation ETF in the second quarter valued at about $69,000.

iShares U.S. Transportation ETF Price Performance

Shares of IYT opened at $84.39 on Friday. The firm has a market capitalization of $852.34 million, a PE ratio of 16.05 and a beta of 1.25. The company’s 50-day moving average is $79.72 and its 200-day moving average is $77.68. iShares U.S. Transportation ETF has a fifty-two week low of $64.34 and a fifty-two week high of $85.00.

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.