Cumberland Advisors Inc. boosted its holdings in shares of iShares Dow Jones Transport. Avg. (BATS:IYT) by 5.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,860 shares of the exchange traded fund’s stock after purchasing an additional 1,770 shares during the period. iShares Dow Jones Transport. Avg. comprises 3.5% of Cumberland Advisors Inc.’s portfolio, making the stock its 8th biggest holding. Cumberland Advisors Inc.’s holdings in iShares Dow Jones Transport. Avg. were worth $6,297,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IYT. IFP Advisors Inc raised its stake in shares of iShares Dow Jones Transport. Avg. by 171.2% in the third quarter. IFP Advisors Inc now owns 792 shares of the exchange traded fund’s stock valued at $141,000 after acquiring an additional 500 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Dow Jones Transport. Avg. by 156.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 824 shares of the exchange traded fund’s stock valued at $142,000 after acquiring an additional 503 shares during the last quarter. Advisory Services Network LLC raised its stake in shares of iShares Dow Jones Transport. Avg. by 734.1% in the second quarter. Advisory Services Network LLC now owns 1,076 shares of the exchange traded fund’s stock valued at $185,000 after acquiring an additional 947 shares during the last quarter. Stifel Financial Corp bought a new position in shares of iShares Dow Jones Transport. Avg. in the second quarter valued at approximately $206,000. Finally, Patten Group Inc. raised its stake in shares of iShares Dow Jones Transport. Avg. by 3,305.7% in the third quarter. Patten Group Inc. now owns 40,017 shares of the exchange traded fund’s stock valued at $210,000 after acquiring an additional 38,842 shares during the last quarter.

iShares Dow Jones Transport. Avg. (BATS:IYT) traded up $0.74 during trading hours on Tuesday, hitting $199.22. 3,120 shares of the stock were exchanged. iShares Dow Jones Transport. Avg. has a 52 week low of $157.65 and a 52 week high of $199.24. The company has a market capitalization of $946.34 and a PE ratio of 17.28.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Wednesday, December 20th were paid a $0.3957 dividend. This represents a $1.58 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend was Tuesday, December 19th.

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About iShares Dow Jones Transport. Avg.

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.

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Institutional Ownership by Quarter for iShares Dow Jones Transport. Avg. (BATS:IYT)

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