Ameritas Advisory Services LLC Buys New Stake in iShares U.S. Transportation ETF $IYT

Ameritas Advisory Services LLC bought a new stake in iShares U.S. Transportation ETF (BATS:IYT) during the second quarter, according to its most recent filing with the SEC. The firm bought 712 shares of the exchange traded fund’s stock, valued at approximately $49,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IYT. First Financial Bankshares Inc grew its position in iShares U.S. Transportation ETF by 1.8% in the 1st quarter. First Financial Bankshares Inc now owns 272,059 shares of the exchange traded fund’s stock worth $17,420,000 after purchasing an additional 4,766 shares during the last quarter. Raymond James Financial Inc. grew its position in iShares U.S. Transportation ETF by 52.3% in the 1st quarter. Raymond James Financial Inc. now owns 84,630 shares of the exchange traded fund’s stock worth $5,419,000 after purchasing an additional 29,060 shares during the last quarter. Jones Financial Companies Lllp grew its position in iShares U.S. Transportation ETF by 228.3% in the 1st quarter. Jones Financial Companies Lllp now owns 82,837 shares of the exchange traded fund’s stock worth $5,304,000 after purchasing an additional 57,603 shares during the last quarter. Jmac Enterprises LLC grew its position in iShares U.S. Transportation ETF by 2.8% in the 1st quarter. Jmac Enterprises LLC now owns 69,965 shares of the exchange traded fund’s stock worth $4,480,000 after purchasing an additional 1,921 shares during the last quarter. Finally, Clarus Wealth Advisors grew its position in iShares U.S. Transportation ETF by 11.4% in the 2nd quarter. Clarus Wealth Advisors now owns 24,661 shares of the exchange traded fund’s stock worth $1,752,000 after purchasing an additional 2,529 shares during the last quarter.

iShares U.S. Transportation ETF Price Performance

BATS IYT opened at $70.08 on Tuesday. The firm has a market capitalization of $707.78 million, a price-to-earnings ratio of 16.05 and a beta of 1.25. The company’s fifty day moving average is $70.88 and its two-hundred day moving average is $67.27. iShares U.S. Transportation ETF has a 52-week low of $54.02 and a 52-week high of $75.59.

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.