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Security Profile
- Security Type
- Index ETF
- CUSIP
- 464287192
- Market Cap
- Mid Cap · $632 Million
- IPO
- 10/6/2003
- Previous Name
- iShares Dow Jones Transportation Average Index Fund
Fund Description: iShares Transportation Average ETF, formerly iShares Dow Jones Transportation Average Index Fund, is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the iShares Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The iShares Transportation Average ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones Transportation Average Index. INDEX DESCRIPTION: The Dow Jones Transportation Average Index measures the performance of companies from the Industrial Transportation, Airline and General Industrial Services industries of the U.S. equity market. Companies are selected for inclusion in the Index by the editors of The Wall Street Journal. The Index, for practical purposes, is a subset of the Dow Jones U.S. Total Market Index. The component stocks are weighted based on the price of the component securities, with the highest priced securities generally having higher weighting in the Index. FUND STRATEGY: The Fund uses a Representative Sampling strategy to try to track the Index. The Fund pays out dividends to investors at least annually and may pay them on a more frequent basis. The Fund distributes its net capital gains, if any, to investors annually. FUND MANAGEMENT: BlackRock Fund Advisors (BFA) serves as the investment adviser to the Fund.
Company Contact
- Headquarters
- 400 Howard Street, San Francisco, CA 94105
- Phone
- 415-670-2000 · Toll-Free 800-474-2737
- Investor Relations
- 800-474-2737 · isharesetfs@blackrock.com