PNC Financial Services Group Inc. increased its position in shares of iShares U.S. Transportation ETF (BATS:IYT – Free Report) by 68.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,105 shares of the exchange traded fund’s stock after purchasing an additional 448 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares U.S. Transportation ETF were worth $290,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently added to or reduced their stakes in the company. Vima LLC bought a new position in shares of iShares U.S. Transportation ETF in the 4th quarter worth about $77,000. Transcendent Capital Group LLC bought a new stake in iShares U.S. Transportation ETF during the 4th quarter valued at $105,000. Blue Door Asset Management LLC acquired a new position in iShares U.S. Transportation ETF during the 4th quarter worth $1,207,000. Focus Financial Network Inc. ADV bought a new position in shares of iShares U.S. Transportation ETF in the fourth quarter worth $440,000. Finally, ProVise Management Group LLC acquired a new position in shares of iShares U.S. Transportation ETF during the fourth quarter valued at $206,000.
iShares U.S. Transportation ETF Stock Up 1.4 %
Shares of BATS IYT opened at $65.43 on Monday. The firm’s 50-day simple moving average is $64.94 and its 200 day simple moving average is $66.59. The stock has a market cap of $893.12 million, a P/E ratio of 4.53 and a beta of 1.11. iShares U.S. Transportation ETF has a fifty-two week low of $157.65 and a fifty-two week high of $206.73.
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.
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Want to see what other hedge funds are holding IYT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Transportation ETF (BATS:IYT – Free Report).
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