Fortune 45 LLC Acquires New Position in iShares U.S. Transportation ETF $IYT

Fortune 45 LLC acquired a new stake in iShares U.S. Transportation ETF (BATS:IYT) in the second quarter, HoldingsChannel.com reports. The fund acquired 6,942 shares of the exchange traded fund’s stock, valued at approximately $602,000. iShares U.S. Transportation ETF comprises about 0.3% of Fortune 45 LLC’s holdings, making the stock its 29th largest position.

A number of other institutional investors have also bought and sold shares of the business. Odyssey Capital Advisors Inc. purchased a new stake in shares of iShares U.S. Transportation ETF in the fourth quarter valued at approximately $530,000. Renaissance Technologies LLC purchased a new position in iShares U.S. Transportation ETF during the first quarter worth approximately $1,104,000. Florin Court Capital LLP lifted its position in iShares U.S. Transportation ETF by 152.9% during the fourth quarter. Florin Court Capital LLP now owns 47,800 shares of the exchange traded fund’s stock worth $3,562,000 after buying an additional 28,900 shares in the last quarter. Commonwealth Retirement Investments LLC acquired a new position in iShares U.S. Transportation ETF during the fourth quarter worth $811,000. Finally, BNP Paribas Financial Markets boosted its stake in iShares U.S. Transportation ETF by 205,850.0% during the fourth quarter. BNP Paribas Financial Markets now owns 350,115 shares of the exchange traded fund’s stock worth $26,087,000 after buying an additional 349,945 shares during the last quarter.

iShares U.S. Transportation ETF Stock Up 0.3%

Shares of BATS:IYT opened at $83.60 on Friday. The business has a fifty day moving average of $86.97 and a two-hundred day moving average of $82.50. The stock has a market cap of $844.36 million, a P/E ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a 52-week low of $68.10 and a 52-week high of $90.06.

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.