Fusion Capital LLC Invests $993,000 in iShares U.S. Transportation ETF (BATS:IYT)

Fusion Capital LLC acquired a new position in iShares U.S. Transportation ETF (BATS:IYT) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 14,701 shares of the exchange traded fund’s stock, valued at approximately $993,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IYT. Barclays PLC lifted its holdings in shares of iShares U.S. Transportation ETF by 48.7% in the 3rd quarter. Barclays PLC now owns 297,319 shares of the exchange traded fund’s stock worth $20,488,000 after buying an additional 97,319 shares during the period. BNP Paribas Financial Markets lifted its position in iShares U.S. Transportation ETF by 37.2% during the third quarter. BNP Paribas Financial Markets now owns 166,539 shares of the exchange traded fund’s stock valued at $11,476,000 after acquiring an additional 45,127 shares during the last quarter. National Bank of Canada FI boosted its stake in iShares U.S. Transportation ETF by 20,513.2% in the third quarter. National Bank of Canada FI now owns 101,829 shares of the exchange traded fund’s stock valued at $7,017,000 after acquiring an additional 101,335 shares in the last quarter. Jmac Enterprises LLC increased its position in shares of iShares U.S. Transportation ETF by 5.4% during the fourth quarter. Jmac Enterprises LLC now owns 68,044 shares of the exchange traded fund’s stock worth $4,598,000 after purchasing an additional 3,476 shares in the last quarter. Finally, Verity & Verity LLC acquired a new stake in shares of iShares U.S. Transportation ETF in the 3rd quarter worth $4,660,000.

iShares U.S. Transportation ETF Price Performance

Shares of BATS:IYT opened at $68.80 on Friday. The firm has a market capitalization of $626.08 million, a P/E ratio of 22.25 and a beta of 1.22. The business’s 50-day moving average is $70.13 and its 200 day moving average is $69.68. iShares U.S. Transportation ETF has a 1 year low of $157.65 and a 1 year high of $206.73.

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.