iShares Dow Jones Transport. Avg. (BATS:IYT) is Cumberland Advisors Inc.’s 8th Largest Position

Cumberland Advisors Inc. increased its stake in iShares Dow Jones Transport. Avg. (BATS:IYT) by 5.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,860 shares of the exchange traded fund’s stock after purchasing an additional 1,770 shares during the period. iShares Dow Jones Transport. Avg. accounts for 3.5% of Cumberland Advisors Inc.’s portfolio, making the stock its 8th largest position. Cumberland Advisors Inc. owned approximately 0.72% of iShares Dow Jones Transport. Avg. worth $6,297,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. IFP Advisors Inc increased its position in iShares Dow Jones Transport. Avg. by 171.2% in the 3rd quarter. IFP Advisors Inc now owns 792 shares of the exchange traded fund’s stock valued at $141,000 after acquiring an additional 500 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in iShares Dow Jones Transport. Avg. by 156.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 824 shares of the exchange traded fund’s stock valued at $142,000 after acquiring an additional 503 shares during the period. Advisory Services Network LLC increased its position in iShares Dow Jones Transport. Avg. by 734.1% in the 2nd quarter. Advisory Services Network LLC now owns 1,076 shares of the exchange traded fund’s stock valued at $185,000 after acquiring an additional 947 shares during the period. Stifel Financial Corp acquired a new stake in iShares Dow Jones Transport. Avg. in the 2nd quarter valued at approximately $206,000. Finally, Patten Group Inc. increased its position in iShares Dow Jones Transport. Avg. by 3,305.7% in the 3rd quarter. Patten Group Inc. now owns 40,017 shares of the exchange traded fund’s stock valued at $210,000 after acquiring an additional 38,842 shares during the period.

iShares Dow Jones Transport. Avg. (IYT) traded down $0.87 on Tuesday, reaching $204.46. iShares Dow Jones Transport. Avg. has a 52 week low of $157.65 and a 52 week high of $205.49. The company has a market cap of $954.78 and a price-to-earnings ratio of 17.73.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Wednesday, December 20th were given a $0.3957 dividend. This represents a $1.58 annualized dividend and a yield of 0.77%. The ex-dividend date was Tuesday, December 19th.

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iShares Dow Jones Transport. Avg. 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.

Institutional Ownership by Quarter for iShares Dow Jones Transport. Avg. (BATS:IYT)

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