Should You Invest in the iShares U.S. Transportation ETF (IYT)?
If you're interested in broad exposure to the Industrials - Transportation/Shipping segment of the equity market, look no further than the iShares U.S. Transportation ETF (IYT), a passively managed exchange traded fund launched on 10/06/2003.
IYT: Railways Playing Defense Against Previous Union Action
iShares U.S. Transportation ETF includes high multiple US picks like railroad stocks and Uber, facing labor issues and government regulations. IYT has a significant skew towards Uber and Union Pacific, with 54% of the portfolio consisting of Uber and railway stocks. Railway outlook is mixed, with bottom-line consequences of previous union action, while Uber also faces challenges in driver compensation, which is likely to rise due to regulation.
Should You Invest in the iShares U.S. Transportation ETF (IYT)?
If you're interested in broad exposure to the Industrials - Transportation/Shipping segment of the equity market, look no further than the iShares U.S. Transportation ETF (IYT), a passively managed exchange traded fund launched on 10/06/2003.
Transportation ETF (IYT) Is Crashing Without Breaking News
Once again, while semiconductors roared to new highs, Transportation as seen through IYT the ETF, sold off. Retail XRT closed marginally green after better than expected consumer confidence data.
Stock Market Update: Eyes On The Transportation Sector (IYT)
For the sake of redundancy and in case you are living under a rock and just came out to read my Daily, Nvidia (NVDA) and its ginormous beat on revenues, gave the market new life. Happily, our very own Sister Semiconductors, SMH, moved up to new all-time highs and gave our portfolios quite a boost.
