Stifel Financial Corp Decreases Stock Position in iShares U.S. Transportation ETF (BATS:IYT)

Stifel Financial Corp trimmed its holdings in shares of iShares U.S. Transportation ETF (BATS:IYT) by 5.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,914 shares of the exchange traded fund’s stock after selling 616 shares during the period. Stifel Financial Corp owned approximately 0.07% of iShares U.S. Transportation ETF worth $683,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Trilogy Capital Inc. grew its stake in shares of iShares U.S. Transportation ETF by 3.4% in the third quarter. Trilogy Capital Inc. now owns 4,700 shares of the exchange traded fund’s stock worth $324,000 after acquiring an additional 155 shares during the period. McGuire Investment Group LLC boosted its holdings in iShares U.S. Transportation ETF by 0.3% in the third quarter. McGuire Investment Group LLC now owns 49,014 shares of the exchange traded fund’s stock worth $3,378,000 after purchasing an additional 157 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its position in iShares U.S. Transportation ETF by 2.3% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 7,273 shares of the exchange traded fund’s stock worth $476,000 after purchasing an additional 166 shares during the period. Transcendent Capital Group LLC raised its stake 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 valued at $123,000 after buying an additional 182 shares during the last quarter. Finally, Massachusetts Wealth Management lifted its holdings in shares of iShares U.S. Transportation ETF by 2.3% during the 3rd quarter. Massachusetts Wealth Management now owns 15,233 shares of the exchange traded fund’s stock valued at $1,050,000 after buying an additional 345 shares during the period.

iShares U.S. Transportation ETF Price Performance

Shares of IYT opened at $68.42 on Thursday. The firm 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 one year low of $157.65 and a one year high of $206.73. The business has a fifty day moving average of $71.50 and a 200 day moving average of $67.91.

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.