Private Advisor Group LLC Reduces Stake in iShares U.S. Transportation ETF (BATS:IYT)

Private Advisor Group LLC decreased its holdings in shares of iShares U.S. Transportation ETF (BATS:IYT) by 13.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,690 shares of the exchange traded fund’s stock after selling 1,707 shares during the quarter. Private Advisor Group LLC owned approximately 0.08% of iShares U.S. Transportation ETF worth $699,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its position in shares of iShares U.S. Transportation ETF by 68.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,105 shares of the exchange traded fund’s stock worth $290,000 after buying an additional 448 shares during the last quarter. KCM Investment Advisors LLC lifted its position in iShares U.S. Transportation ETF by 300.0% in the first quarter. KCM Investment Advisors LLC now owns 3,540 shares of the exchange traded fund’s stock valued at $249,000 after acquiring an additional 2,655 shares during the last quarter. Blue Door Asset Management LLC acquired a new position in iShares U.S. Transportation ETF in the fourth quarter valued at $1,207,000. Wealthcare Advisory Partners LLC grew its holdings in shares of iShares U.S. Transportation ETF by 450.0% during the first quarter. Wealthcare Advisory Partners LLC now owns 6,276 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 5,135 shares during the last quarter. Finally, Founders Financial Securities LLC acquired a new stake in shares of iShares U.S. Transportation ETF during the first quarter worth about $331,000.

iShares U.S. Transportation ETF Stock Performance

iShares U.S. Transportation ETF stock opened at $67.84 on Wednesday. The company has a market capitalization of $926.02 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 simple moving average of $65.60 and a 200-day simple moving average of $66.17.

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.