Goldman Sachs Group Inc. Reduces Stake in iShares U.S. Transportation ETF (BATS:IYT)

Goldman Sachs Group Inc. cut its holdings in shares of iShares U.S. Transportation ETF (BATS:IYT) by 0.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 214,973 shares of the exchange traded fund’s stock after selling 1,567 shares during the quarter. Goldman Sachs Group Inc. owned 4.72% of iShares U.S. Transportation ETF worth $56,415,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. HighTower Advisors LLC increased its stake in shares of iShares U.S. Transportation ETF by 7.4% in the third quarter. HighTower Advisors LLC now owns 3,528 shares of the exchange traded fund’s stock worth $826,000 after acquiring an additional 244 shares during the period. PNC Financial Services Group Inc. grew its position in iShares U.S. Transportation ETF by 29.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 657 shares of the exchange traded fund’s stock worth $154,000 after purchasing an additional 150 shares during the period. Kestra Advisory Services LLC grew its position in iShares U.S. Transportation ETF by 4.6% during the 3rd quarter. Kestra Advisory Services LLC now owns 1,743 shares of the exchange traded fund’s stock worth $407,000 after purchasing an additional 76 shares during the period. Qube Research & Technologies Ltd purchased a new position in shares of iShares U.S. Transportation ETF during the 3rd quarter valued at about $1,976,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of iShares U.S. Transportation ETF by 16,753.2% in the 3rd quarter. Tower Research Capital LLC TRC now owns 10,449 shares of the exchange traded fund’s stock valued at $2,443,000 after buying an additional 10,387 shares during the period.

iShares U.S. Transportation ETF Stock Down 0.2 %

Shares of IYT opened at $63.75 on Wednesday. The stock’s 50-day moving average price is $65.32 and its 200-day moving average price is $66.54. The company has a market capitalization of $870.19 million, a price-to-earnings ratio of 4.53 and a beta of 1.11. iShares U.S. Transportation ETF has a 52 week low of $157.65 and a 52 week high of $206.73.

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.