Capital Advisors Ltd. LLC Boosts Holdings in iShares U.S. Transportation ETF $IYT

Capital Advisors Ltd. LLC raised its holdings in iShares U.S. Transportation ETF (BATS:IYT) by 185.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 27,228 shares of the exchange traded fund’s stock after purchasing an additional 17,694 shares during the quarter. Capital Advisors Ltd. LLC owned 0.27% of iShares U.S. Transportation ETF worth $2,029,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC purchased a new stake in iShares U.S. Transportation ETF in the fourth quarter valued at $37,000. WFA of San Diego LLC purchased a new stake in shares of iShares U.S. Transportation ETF during the 2nd quarter worth about $69,000. Mather Group LLC. purchased a new stake in shares of iShares U.S. Transportation ETF during the 3rd quarter worth about $107,000. Advisory Services Network LLC purchased a new stake in shares of iShares U.S. Transportation ETF during the 3rd quarter worth about $118,000. Finally, Spire Wealth Management boosted its stake in shares of iShares U.S. Transportation ETF by 7.0% during the 3rd quarter. Spire Wealth Management now owns 2,633 shares of the exchange traded fund’s stock worth $189,000 after acquiring an additional 173 shares in the last quarter.

iShares U.S. Transportation ETF Stock Up 0.5%

IYT stock opened at $75.69 on Tuesday. The company’s 50-day simple moving average is $77.75 and its 200-day simple moving average is $74.98. iShares U.S. Transportation ETF has a 52-week low of $54.02 and a 52-week high of $83.07. The firm has a market cap of $764.47 million, a P/E ratio of 16.05 and a beta of 1.25.

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.