iShares U.S. Transportation ETF Sees Unusually Large Options Volume (BATS:IYT)

iShares U.S. Transportation ETF (BATS:IYT) was the recipient of unusually large options trading activity on Tuesday. Traders acquired 8,497 call options on the stock. This represents an increase of approximately 1,213% compared to the typical volume of 647 call options.

Hedge Funds Weigh In On iShares U.S. Transportation ETF

Several hedge funds have recently made changes to their positions in IYT. Vima LLC purchased a new stake in iShares U.S. Transportation ETF in the 4th quarter worth approximately $77,000. Headlands Technologies LLC purchased a new stake in shares of iShares U.S. Transportation ETF in the second quarter worth $25,000. Transcendent Capital Group LLC bought a new stake in iShares U.S. Transportation ETF during the fourth quarter valued at $105,000. Highlander Capital Management LLC grew its position in iShares U.S. Transportation ETF by 300.0% during the first quarter. Highlander Capital Management LLC now owns 400 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 300 shares in the last quarter. Finally, Delos Wealth Advisors LLC increased its stake in iShares U.S. Transportation ETF by 264.9% in the 1st quarter. Delos Wealth Advisors LLC now owns 416 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 302 shares during the last quarter.

iShares U.S. Transportation ETF Stock Performance

iShares U.S. Transportation ETF stock traded up $0.25 during mid-day trading on Tuesday, reaching $67.06. The company’s stock had a trading volume of 146,096 shares. The firm’s fifty day moving average price is $65.52 and its two-hundred day moving average price is $66.19. iShares U.S. Transportation ETF has a 12-month low of $157.65 and a 12-month high of $206.73. The company has a market capitalization of $915.37 million, a P/E ratio of 4.53 and a beta of 1.11.

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.