Investors Research Corp Buys Shares of 91,309 iShares U.S. Transportation ETF $IYT

Investors Research Corp bought a new position in iShares U.S. Transportation ETF (BATS:IYT) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 91,309 shares of the exchange traded fund’s stock, valued at approximately $7,921,000. iShares U.S. Transportation ETF makes up approximately 1.4% of Investors Research Corp’s investment portfolio, making the stock its 19th largest holding. Investors Research Corp owned about 0.90% of iShares U.S. Transportation ETF as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of IYT. CoreCap Advisors LLC bought a new stake in iShares U.S. Transportation ETF in the 2nd quarter worth about $28,000. Cornerstone Planning Group LLC bought a new position in iShares U.S. Transportation ETF during the 1st quarter valued at about $30,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of iShares U.S. Transportation ETF during the 1st quarter valued at about $30,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of iShares U.S. Transportation ETF during the 4th quarter valued at about $33,000. Finally, CWM LLC grew its stake 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 worth $36,000 after acquiring an additional 244 shares during the period.

iShares U.S. Transportation ETF Stock Down 2.6%

IYT opened at $82.93 on Wednesday. The firm has a 50 day moving average price of $87.07 and a 200-day moving average price of $82.44. iShares U.S. Transportation ETF has a twelve month low of $68.10 and a twelve month high of $90.06. The stock has a market capitalization of $837.59 million, a price-to-earnings ratio of 16.05 and a beta of 1.25.

iShares U.S. Transportation ETF Company 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.