BNP Paribas Financial Markets Acquires 349,945 Shares of iShares U.S. Transportation ETF $IYT

BNP Paribas Financial Markets increased its holdings in shares of iShares U.S. Transportation ETF (BATS:IYT) by 205,850.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 350,115 shares of the exchange traded fund’s stock after acquiring an additional 349,945 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares U.S. Transportation ETF were worth $26,087,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Capital Advisors Ltd. LLC increased its position in iShares U.S. Transportation ETF by 185.6% during the fourth quarter. Capital Advisors Ltd. LLC now owns 27,228 shares of the exchange traded fund’s stock worth $2,029,000 after acquiring an additional 17,694 shares during the period. Tudor Investment Corp ET AL bought a new position in iShares U.S. Transportation ETF during the third quarter worth about $1,383,000. Hudson Bay Capital Management LP bought a new position in iShares U.S. Transportation ETF during the third quarter worth about $7,058,000. Odyssey Capital Advisors Inc. bought a new position in iShares U.S. Transportation ETF during the fourth quarter worth about $530,000. Finally, Citigroup Inc. grew its stake in iShares U.S. Transportation ETF by 100.0% during the third quarter. Citigroup Inc. now owns 102,449 shares of the exchange traded fund’s stock worth $7,347,000 after buying an additional 51,219 shares in the last quarter.

iShares U.S. Transportation ETF Stock Up 1.0%

Shares of iShares U.S. Transportation ETF stock opened at $84.39 on Friday. The company has a market capitalization of $852.34 million, a price-to-earnings ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a 12-month low of $64.34 and a 12-month high of $85.00. The firm’s 50-day moving average price is $79.72 and its two-hundred day moving average price is $77.68.

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. 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.