ETF Introduction: IYT — iShares Transportation Average ETF Market News Video - Monday, April 6, 5:28 PM
Description to the Dow Jones Transportation Average Index Fund, traded under ticker symbol IYT: This ETF is a fund, created in October 2003, that corresponds to the price and yield performance, before fees and expenses, of Dow Jones Transportation Average Index. The underlying index looks at the performance of the transportation sector of the US equities markets, and includes transport services, airliners, railroad companies, trucking, freight and industrial companies.
The iShares Dow Jones Transportation Average (NYSE: IYT) has rallied in a strong fashion since the beginning of 2013, and staged a particularly impressive streak since the November 2012 lows. After a break past 12-month resistance in December, there was no stopping it, and traders heeding the transports' call were well rewarded being net long the broader equity indices.
Nothing in ETF Channel is intended to be investment advice, nor does it represent the opinion of, counsel
from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you
agree to the following Full Disclaimer & Terms of Service. Video widget and ETF videos powered by Market News Video. Quote data delayed at least 20
minutes; ETF data powered by Ticker Technologies, and Mergent. Contact ETF Channel; Meet Our Editorial Staff.