Sovran Advisors LLC Acquires Shares of 3,350 iShares U.S. Transportation ETF (BATS:IYT)

Sovran Advisors LLC bought a new position in shares of iShares U.S. Transportation ETF (BATS:IYT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,350 shares of the exchange traded fund’s stock, valued at approximately $233,000.

Several other large investors have also made changes to their positions in the company. Sanctuary Wealth Management L.L.C. bought a new stake in iShares U.S. Transportation ETF during the 3rd quarter worth about $41,000. ORG Partners LLC bought a new stake in shares of iShares U.S. Transportation ETF during the fourth quarter worth approximately $54,000. Bristlecone Advisors LLC acquired a new position in iShares U.S. Transportation ETF in the third quarter valued at approximately $81,000. Transcendent Capital Group LLC boosted its stake in iShares U.S. Transportation ETF by 11.4% in the third quarter. Transcendent Capital Group LLC now owns 1,782 shares of the exchange traded fund’s stock valued at $123,000 after acquiring an additional 182 shares during the last quarter. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in iShares U.S. Transportation ETF during the 4th quarter worth $191,000.

iShares U.S. Transportation ETF Stock Performance

Shares of iShares U.S. Transportation ETF stock opened at $72.22 on Friday. iShares U.S. Transportation ETF has a 52 week low of $157.65 and a 52 week high of $206.73. The stock has a market capitalization of $985.80 million, a price-to-earnings ratio of 4.53 and a beta of 1.11. The firm has a fifty day moving average of $69.96 and a two-hundred day moving average of $69.15.

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.