Capital Advisors Ltd. LLC Cuts Stock Position in iShares U.S. Transportation ETF $IYT

Capital Advisors Ltd. LLC lessened its holdings in shares of iShares U.S. Transportation ETF (BATS:IYT) by 65.0% during the 1st quarter, Holdings Channel reports. The firm owned 9,535 shares of the exchange traded fund’s stock after selling 17,693 shares during the period. Capital Advisors Ltd. LLC’s holdings in iShares U.S. Transportation ETF were worth $711,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IYT. North Star Investment Management Corp. increased its stake in iShares U.S. Transportation ETF by 165.6% during the 4th quarter. North Star Investment Management Corp. now owns 425 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 265 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in iShares U.S. Transportation ETF in the 4th quarter valued at approximately $33,000. CWM LLC boosted its position in 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. Flagship Harbor Advisors LLC acquired a new position in shares of iShares U.S. Transportation ETF in the fourth quarter worth $37,000. Finally, AlphaCore Capital LLC acquired a new position in shares of iShares U.S. Transportation ETF in the fourth quarter worth $39,000.

iShares U.S. Transportation ETF Stock Performance

iShares U.S. Transportation ETF stock opened at $83.94 on Monday. The firm has a market capitalization of $847.79 million, a P/E ratio of 16.05 and a beta of 1.25. iShares U.S. Transportation ETF has a twelve month low of $64.34 and a twelve month high of $87.88. The stock’s fifty day simple moving average is $81.97 and its 200-day simple moving average is $78.76.

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. 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.