Private Advisor Group LLC Reduces Stake in iShares U.S. Transportation ETF (BATS:IYT)

Private Advisor Group LLC lessened its position in shares of iShares U.S. Transportation ETF (BATS:IYT) by 4.0% in the third quarter, Holdings Channel reports. The fund owned 10,267 shares of the exchange traded fund’s stock after selling 423 shares during the quarter. Private Advisor Group LLC’s holdings in iShares U.S. Transportation ETF were worth $708,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of IYT. KCM Investment Advisors LLC lifted its stake in shares of iShares U.S. Transportation ETF by 300.0% in the 1st quarter. KCM Investment Advisors LLC now owns 3,540 shares of the exchange traded fund’s stock worth $249,000 after purchasing an additional 2,655 shares during the period. Truist Financial Corp raised its position in iShares U.S. Transportation ETF by 7.5% in 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. bought a new position in iShares U.S. Transportation ETF in the second quarter worth approximately $44,000. Thrivent Financial for Lutherans grew its position in shares of iShares U.S. Transportation ETF by 5.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 35,553 shares of the exchange traded fund’s stock valued at $2,326,000 after acquiring an additional 1,843 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in shares of iShares U.S. Transportation ETF by 300.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,868 shares of the exchange traded fund’s stock worth $132,000 after purchasing an additional 1,401 shares in the last quarter.

iShares U.S. Transportation ETF Stock Performance

Shares of iShares U.S. Transportation ETF stock opened at $69.70 on Monday. The stock’s fifty day moving average is $68.29 and its 200 day moving average is $66.16. iShares U.S. Transportation ETF has a one year low of $157.65 and a one year high of $206.73. The stock has a market cap of $951.41 million, a P/E ratio of 4.53 and a beta of 1.11.

iShares U.S. Transportation ETF 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.