Jefferies Financial Group Inc. Buys 37,500 Shares of iShares U.S. Transportation ETF $IYT

Jefferies Financial Group Inc. bought a new stake in iShares U.S. Transportation ETF (BATS:IYT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 37,500 shares of the exchange traded fund’s stock, valued at approximately $2,944,000. Jefferies Financial Group Inc. owned about 0.15% of iShares U.S. Transportation ETF at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in shares of iShares U.S. Transportation ETF by 21,349.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,302,141 shares of the exchange traded fund’s stock valued at $199,711,000 after purchasing an additional 2,291,408 shares during the last quarter. WestEnd Advisors LLC bought a new position in shares of iShares U.S. Transportation ETF during the 3rd quarter valued at approximately $116,702,000. Bank of America Corp DE grew its position in shares of iShares U.S. Transportation ETF by 26.5% during the 1st quarter. Bank of America Corp DE now owns 408,579 shares of the exchange traded fund’s stock valued at $30,480,000 after acquiring an additional 85,669 shares during the period. Nwam LLC purchased a new stake in shares of iShares U.S. Transportation ETF during the 2nd quarter worth approximately $16,682,000. Finally, Investors Research Corp purchased a new stake in shares of iShares U.S. Transportation ETF during the 2nd quarter worth approximately $7,921,000.

iShares U.S. Transportation ETF Trading Down 1.1%

BATS:IYT opened at $83.52 on Friday. The stock has a market capitalization of $2.05 billion, a PE ratio of 19.56 and a beta of 1.20. The firm’s 50 day moving average is $81.06 and its 200 day moving average is $81.95. iShares U.S. Transportation ETF has a 12 month low of $68.10 and a 12 month high of $90.06.

iShares U.S. Transportation ETF Company 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.