MML Investors Services LLC Sells 2,243 Shares of iShares U.S. Transportation ETF (BATS:IYT)

MML Investors Services LLC decreased its position in iShares U.S. Transportation ETF (BATS:IYT) by 37.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,791 shares of the exchange traded fund’s stock after selling 2,243 shares during the quarter. MML Investors Services LLC’s holdings in iShares U.S. Transportation ETF were worth $261,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Headlands Technologies LLC purchased a new position in shares of iShares U.S. Transportation ETF during the second quarter worth approximately $25,000. Sanctuary Wealth Management L.L.C. bought a new stake in shares of iShares U.S. Transportation ETF in the 3rd quarter valued at about $41,000. Bristlecone Advisors LLC purchased a new stake in iShares U.S. Transportation ETF during the 3rd quarter valued at about $81,000. Transcendent Capital Group LLC grew its position in iShares U.S. Transportation ETF by 11.4% during the 3rd quarter. Transcendent Capital Group LLC now owns 1,782 shares of the exchange traded fund’s stock worth $123,000 after acquiring an additional 182 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in iShares U.S. Transportation ETF in the 2nd quarter worth approximately $186,000.

iShares U.S. Transportation ETF Stock Performance

Shares of IYT stock opened at $68.42 on Thursday. The company has a market capitalization of $933.93 million, a P/E ratio of 4.53 and a beta of 1.11. iShares U.S. Transportation ETF has a fifty-two week low of $157.65 and a fifty-two week high of $206.73. The stock has a 50 day moving average price of $71.50 and a two-hundred day moving average price of $67.91.

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.