McGuire Investment Group LLC decreased its holdings in iShares U.S. Transportation ETF (BATS:IYT – Free Report) by 0.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,639 shares of the exchange traded fund’s stock after selling 186 shares during the period. McGuire Investment Group LLC’s holdings in iShares U.S. Transportation ETF were worth $2,717,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares U.S. Transportation ETF by 33.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,393 shares of the exchange traded fund’s stock worth $345,000 after acquiring an additional 1,346 shares in the last quarter. Bessemer Group Inc. acquired a new position in shares of iShares U.S. Transportation ETF in the first quarter worth $27,000. Sequoia Financial Advisors LLC acquired a new position in shares of iShares U.S. Transportation ETF during the first quarter worth $315,000. Raymond James Financial Inc. grew its stake in shares of iShares U.S. Transportation ETF by 52.3% during the first quarter. Raymond James Financial Inc. now owns 84,630 shares of the exchange traded fund’s stock worth $5,419,000 after purchasing an additional 29,060 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its stake in shares of iShares U.S. Transportation ETF by 16.0% during the first quarter. Oppenheimer & Co. Inc. now owns 4,832 shares of the exchange traded fund’s stock worth $309,000 after purchasing an additional 668 shares in the last quarter.
iShares U.S. Transportation ETF Trading Up 2.4%
Shares of IYT stock opened at $71.23 on Thursday. The firm has a fifty day moving average price of $70.47 and a 200 day moving average price of $66.92. The company has a market cap of $719.43 million, a P/E ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a 12 month low of $54.02 and a 12 month high of $75.59.
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.
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