Renaissance Technologies LLC Invests $1.10 Million in iShares U.S. Transportation ETF $IYT

Renaissance Technologies LLC acquired a new stake in iShares U.S. Transportation ETF (BATS:IYT) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,800 shares of the exchange traded fund’s stock, valued at approximately $1,104,000.

Several other large investors have also bought and sold shares of the company. Odyssey Capital Advisors Inc. acquired a new position in iShares U.S. Transportation ETF during the fourth quarter worth about $530,000. Florin Court Capital LLP lifted its holdings in iShares U.S. Transportation ETF by 152.9% in the 4th quarter. Florin Court Capital LLP now owns 47,800 shares of the exchange traded fund’s stock valued at $3,562,000 after acquiring an additional 28,900 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in 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 valued at $26,087,000 after acquiring an additional 349,945 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares U.S. Transportation ETF by 142.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 40,281 shares of the exchange traded fund’s stock valued at $3,061,000 after acquiring an additional 23,681 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC bought a new position in shares of iShares U.S. Transportation ETF during the 4th quarter valued at about $811,000.

iShares U.S. Transportation ETF Price Performance

Shares of IYT opened at $87.43 on Friday. The firm’s 50 day moving average is $86.74 and its 200-day moving average is $81.84. The stock has a market capitalization of $883.04 million, a P/E ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a 12-month low of $68.10 and a 12-month high of $90.06.

About iShares U.S. Transportation ETF

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.