iShares U.S. Transportation ETF (BATS:IYT) Shares Sold by KKM Financial LLC

KKM Financial LLC trimmed its stake in shares of iShares U.S. Transportation ETF (BATS:IYT) by 22.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,115 shares of the exchange traded fund’s stock after selling 8,076 shares during the period. KKM Financial LLC owned about 0.20% of iShares U.S. Transportation ETF worth $1,861,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Allworth Financial LP raised its holdings in iShares U.S. Transportation ETF by 23.3% during the fourth quarter. Allworth Financial LP now owns 1,815 shares of the exchange traded fund’s stock worth $130,000 after purchasing an additional 343 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares U.S. Transportation ETF by 371.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 63,607 shares of the exchange traded fund’s stock worth $4,383,000 after buying an additional 50,129 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares U.S. Transportation ETF during the 4th quarter worth $3,755,000. IFP Advisors Inc purchased a new stake in shares of iShares U.S. Transportation ETF in the 4th quarter worth about $61,000. Finally, Mutual Advisors LLC grew its stake in iShares U.S. Transportation ETF by 8.6% in the 4th quarter. Mutual Advisors LLC now owns 4,149 shares of the exchange traded fund’s stock valued at $296,000 after acquiring an additional 330 shares during the last quarter.

iShares U.S. Transportation ETF Trading Down 8.3 %

BATS:IYT opened at $63.78 on Friday. iShares U.S. Transportation ETF has a twelve month low of $54.02 and a twelve month high of $75.59. The company has a market capitalization of $583.57 million, a P/E ratio of 16.77 and a beta of 1.26. The firm has a 50-day moving average price of $62.23 and a two-hundred day moving average price of $67.90.

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.