iShares U.S. Transportation ETF $IYT Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC cut its holdings in iShares U.S. Transportation ETF (BATS:IYT) by 12.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 70,328 shares of the exchange traded fund’s stock after selling 10,043 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares U.S. Transportation ETF were worth $5,240,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. CWM LLC boosted its holdings in shares of iShares U.S. Transportation ETF by 103.4% in the 4th quarter. CWM LLC now owns 480 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 244 shares during the period. North Star Investment Management Corp. boosted its holdings in shares of iShares U.S. Transportation ETF by 165.6% in the 4th quarter. North Star Investment Management Corp. now owns 425 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 265 shares during the period. Parallel Advisors LLC boosted its holdings in shares of iShares U.S. Transportation ETF by 54.7% in the 4th quarter. Parallel Advisors LLC now owns 990 shares of the exchange traded fund’s stock valued at $74,000 after buying an additional 350 shares during the period. Global Retirement Partners LLC boosted its holdings in shares of iShares U.S. Transportation ETF by 33.0% in the 4th quarter. Global Retirement Partners LLC now owns 2,007 shares of the exchange traded fund’s stock valued at $150,000 after buying an additional 498 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new position in shares of iShares U.S. Transportation ETF in the 4th quarter valued at about $37,000.

iShares U.S. Transportation ETF Stock Performance

BATS IYT opened at $84.61 on Friday. iShares U.S. Transportation ETF has a one year low of $64.34 and a one year high of $85.19. The company has a 50-day simple moving average of $79.91 and a 200-day simple moving average of $77.73. The firm has a market capitalization of $854.56 million, a PE ratio of 16.05 and a beta of 1.25.

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. The Index measures the performance of the transportation sector of the United States equity market, and includes companies in the primary groups, such as airlines, trucking, railroads, air freight, transportation services and industrial services.