Oppenheimer & Co. Inc. Sells 10,887 Shares of iShares U.S. Transportation ETF (BATS:IYT)

Oppenheimer & Co. Inc. trimmed its stake in shares of iShares U.S. Transportation ETF (BATS:IYT) by 72.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,164 shares of the exchange traded fund’s stock after selling 10,887 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares U.S. Transportation ETF were worth $287,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Truist Financial Corp increased its position in iShares U.S. Transportation ETF by 7.5% during the second quarter. Truist Financial Corp now owns 11,302 shares of the exchange traded fund’s stock worth $739,000 after acquiring an additional 784 shares during the period. Family Firm Inc. acquired a new position in shares of iShares U.S. Transportation ETF during the 2nd quarter worth approximately $44,000. Thrivent Financial for Lutherans increased its holdings in shares of iShares U.S. Transportation ETF by 5.5% during the second quarter. Thrivent Financial for Lutherans now owns 35,553 shares of the exchange traded fund’s stock worth $2,326,000 after purchasing an additional 1,843 shares during the period. Trilogy Capital Inc. raised its position in shares of iShares U.S. Transportation ETF by 3.4% in the third quarter. Trilogy Capital Inc. now owns 4,700 shares of the exchange traded fund’s stock valued at $324,000 after buying an additional 155 shares in the last quarter. Finally, Highlander Capital Management LLC boosted its stake in shares of iShares U.S. Transportation ETF by 300.0% in the first quarter. Highlander Capital Management LLC now owns 400 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 300 shares during the period.

iShares U.S. Transportation ETF Price Performance

Shares of BATS:IYT opened at $73.58 on Friday. The business’s 50 day simple moving average is $70.02 and its 200 day simple moving average is $66.81. iShares U.S. Transportation ETF has a 1 year low of $157.65 and a 1 year high of $206.73. The company has a market capitalization of $1.00 billion, 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.