iShares U.S. Transportation ETF (BATS:IYT) Stake Cut by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. lessened its holdings in shares of iShares U.S. Transportation ETF (BATS:IYT) by 9.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,030 shares of the exchange traded fund’s stock after selling 820 shares during the quarter. Ferguson Wellman Capital Management Inc. owned approximately 0.06% of iShares U.S. Transportation ETF worth $543,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in IYT. Truist Financial Corp lifted its position in shares of iShares U.S. Transportation ETF by 7.5% in the second quarter. Truist Financial Corp now owns 11,302 shares of the exchange traded fund’s stock worth $739,000 after purchasing an additional 784 shares in the last quarter. Brookstone Capital Management purchased a new stake in shares of iShares U.S. Transportation ETF in the third quarter worth approximately $242,000. Creative Planning lifted its position in shares of iShares U.S. Transportation ETF by 3.5% in the third quarter. Creative Planning now owns 26,044 shares of the exchange traded fund’s stock worth $1,795,000 after purchasing an additional 878 shares in the last quarter. Trilogy Capital Inc. lifted its position in shares of iShares U.S. Transportation ETF by 3.4% in the third quarter. Trilogy Capital Inc. now owns 4,700 shares of the exchange traded fund’s stock worth $324,000 after purchasing an additional 155 shares in the last quarter. Finally, Toth Financial Advisory Corp lifted its position in shares of iShares U.S. Transportation ETF by 9.1% in the third quarter. Toth Financial Advisory Corp now owns 26,552 shares of the exchange traded fund’s stock worth $1,830,000 after purchasing an additional 2,225 shares in the last quarter.

iShares U.S. Transportation ETF Price Performance

BATS IYT opened at $72.04 on Tuesday. The company has a 50 day simple moving average of $70.06 and a 200-day simple moving average of $69.04. The firm has a market capitalization of $983.40 million, a price-to-earnings ratio of 4.53 and a beta of 1.11. iShares U.S. Transportation ETF has a 52-week low of $157.65 and a 52-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.