Transcendent Capital Group LLC Cuts Position in iShares U.S. Transportation ETF (BATS:IYT)

Transcendent Capital Group LLC lowered its position in iShares U.S. Transportation ETF (BATS:IYT) by 10.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,600 shares of the exchange traded fund’s stock after selling 182 shares during the quarter. Transcendent Capital Group LLC’s holdings in iShares U.S. Transportation ETF were worth $108,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sanctuary Wealth Management L.L.C. purchased a new stake in shares of iShares U.S. Transportation ETF during the 3rd quarter worth $41,000. ORG Partners LLC acquired a new stake in iShares U.S. Transportation ETF in the fourth quarter valued at $54,000. IFP Advisors Inc purchased a new stake in iShares U.S. Transportation ETF during the 4th quarter worth about $61,000. Bristlecone Advisors LLC acquired a new position in shares of iShares U.S. Transportation ETF during the 3rd quarter worth about $81,000. Finally, Global Retirement Partners LLC increased its holdings in shares of iShares U.S. Transportation ETF by 653.4% in the 4th quarter. Global Retirement Partners LLC now owns 1,567 shares of the exchange traded fund’s stock valued at $106,000 after acquiring an additional 1,359 shares during the last quarter.

iShares U.S. Transportation ETF Stock Down 0.0 %

IYT stock opened at $69.52 on Tuesday. The business has a 50 day moving average price of $70.11 and a 200 day moving average price of $69.61. The stock has a market cap of $632.59 million, a price-to-earnings ratio of 22.25 and a beta of 1.22. iShares U.S. Transportation ETF has a fifty-two week low of $157.65 and a fifty-two week high of $206.73.

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.