iShares U.S. Transportation ETF $IYT Shares Sold by Mmbg Investment Advisors CO.

Mmbg Investment Advisors CO. decreased its holdings in shares of iShares U.S. Transportation ETF (BATS:IYT) by 52.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,280 shares of the exchange traded fund’s stock after selling 12,660 shares during the period. Mmbg Investment Advisors CO. owned about 0.11% of iShares U.S. Transportation ETF worth $840,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. CWM LLC lifted its position in shares of iShares U.S. Transportation ETF by 103.4% during 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 in the last quarter. North Star Investment Management Corp. lifted its position in shares of 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 valued at $32,000 after buying an additional 265 shares in the last quarter. Global Retirement Partners LLC lifted its position in shares of iShares U.S. Transportation ETF by 33.0% during the 4th quarter. Global Retirement Partners LLC now owns 2,007 shares of the exchange traded fund’s stock valued at $150,000 after buying an additional 498 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new position in shares of iShares U.S. Transportation ETF during the 4th quarter valued at approximately $37,000. Finally, AlphaCore Capital LLC purchased a new position in shares of iShares U.S. Transportation ETF during the 4th quarter valued at approximately $39,000.

iShares U.S. Transportation ETF Price Performance

Shares of BATS:IYT opened at $81.45 on Tuesday. iShares U.S. Transportation ETF has a 1 year low of $64.28 and a 1 year high of $83.24. The firm has a market capitalization of $822.65 million, a price-to-earnings ratio of 16.05 and a beta of 1.25. The business’s 50 day moving average price is $78.11 and its 200-day moving average price is $77.00.

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.