Commonwealth Equity Services LLC Sells 5,498 Shares of iShares U.S. Transportation ETF (BATS:IYT)

Commonwealth Equity Services LLC trimmed its holdings in shares of iShares U.S. Transportation ETF (BATS:IYT) by 5.3% during the fourth quarter, HoldingsChannel reports. The fund owned 98,462 shares of the exchange traded fund’s stock after selling 5,498 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares U.S. Transportation ETF were worth $6,653,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IYT. Thrivent Financial for Lutherans grew its holdings in iShares U.S. Transportation ETF by 23.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 43,989 shares of the exchange traded fund’s stock worth $3,031,000 after acquiring an additional 8,436 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in iShares U.S. Transportation ETF by 37.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 166,539 shares of the exchange traded fund’s stock worth $11,476,000 after acquiring an additional 45,127 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in iShares U.S. Transportation ETF during the 3rd quarter worth approximately $517,000. National Bank of Canada FI grew its holdings in iShares U.S. Transportation ETF by 20,513.2% during the 3rd quarter. National Bank of Canada FI now owns 101,829 shares of the exchange traded fund’s stock worth $7,017,000 after acquiring an additional 101,335 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of iShares U.S. Transportation ETF in the 3rd quarter worth approximately $208,000.

iShares U.S. Transportation ETF Stock Performance

Shares of BATS IYT opened at $65.08 on Friday. The company has a market capitalization of $615.02 million, a P/E ratio of 18.35 and a beta of 1.21. iShares U.S. Transportation ETF has a 52-week low of $60.10 and a 52-week high of $75.59. The company’s 50 day moving average price is $69.48 and its 200-day moving average price is $69.72.

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.