Simplex Trading LLC Buys Shares of 11,066 iShares U.S. Transportation ETF (BATS:IYT)

Simplex Trading LLC purchased a new position in shares of iShares U.S. Transportation ETF (BATS:IYT) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 11,066 shares of the exchange traded fund’s stock, valued at approximately $747,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. US Bancorp DE purchased a new stake in iShares U.S. Transportation ETF during the fourth quarter worth $33,000. ORG Partners LLC purchased a new stake in shares of iShares U.S. Transportation ETF in the 4th quarter worth about $54,000. IFP Advisors Inc acquired a new stake in iShares U.S. Transportation ETF in the 4th quarter valued at about $61,000. Global Retirement Partners LLC increased its holdings in iShares U.S. Transportation ETF by 653.4% during the 4th quarter. Global Retirement Partners LLC now owns 1,567 shares of the exchange traded fund’s stock valued at $106,000 after acquiring an additional 1,359 shares in the last quarter. Finally, Allworth Financial LP raised its position in iShares U.S. Transportation ETF by 23.3% during the fourth quarter. Allworth Financial LP now owns 1,815 shares of the exchange traded fund’s stock worth $130,000 after acquiring an additional 343 shares during the last quarter.

iShares U.S. Transportation ETF Price Performance

IYT stock opened at $64.06 on Tuesday. The company’s 50 day simple moving average is $68.89 and its 200-day simple moving average is $69.72. iShares U.S. Transportation ETF has a 12 month low of $60.10 and a 12 month high of $75.59. The firm has a market capitalization of $605.35 million, a PE ratio of 17.77 and a beta of 1.21.

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.