Transcendent Capital Group LLC cut its position in iShares U.S. Transportation ETF (BATS:IYT – Free Report) by 10.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,600 shares of the exchange traded fund’s stock after selling 182 shares during the quarter. Transcendent Capital Group LLC’s holdings in iShares U.S. Transportation ETF were worth $108,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in IYT. Sanctuary Wealth Management L.L.C. purchased a new position in shares of iShares U.S. Transportation ETF during the third quarter worth approximately $41,000. ORG Partners LLC purchased a new stake in iShares U.S. Transportation ETF in the 4th quarter valued at $54,000. IFP Advisors Inc acquired a new stake in iShares U.S. Transportation ETF during the 4th quarter worth $61,000. Bristlecone Advisors LLC purchased a new position in iShares U.S. Transportation ETF during the 3rd quarter worth $81,000. Finally, Global Retirement Partners LLC increased its stake in iShares U.S. Transportation ETF by 653.4% in the fourth quarter. Global Retirement Partners LLC now owns 1,567 shares of the exchange traded fund’s stock valued at $106,000 after purchasing an additional 1,359 shares during the period.
iShares U.S. Transportation ETF Stock Performance
Shares of BATS:IYT opened at $69.52 on Tuesday. iShares U.S. Transportation ETF has a one year low of $157.65 and a one year high of $206.73. The company has a 50-day simple moving average of $70.11 and a 200-day simple moving average of $69.61. The stock has a market capitalization of $632.59 million, a price-to-earnings ratio of 22.25 and a beta of 1.22.
About iShares U.S. Transportation ETF
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.
Featured Stories
- Five stocks we like better than iShares U.S. Transportation ETF
- 3 Healthcare Dividend Stocks to Buy
- Finding Hidden Gems: Unconventional Penny Stock Investing
- What is Put Option Volume?
- Price Targets on NVIDIA Rise in Front of Earnings
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Archer Aviation Stock Skids: Mistaking Progress for Bad News?
Want to see what other hedge funds are holding IYT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Transportation ETF (BATS:IYT – Free Report).
Receive News & Ratings for iShares U.S. Transportation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Transportation ETF and related companies with MarketBeat.com's FREE daily email newsletter.
