McGuire Investment Group LLC Reduces Stock Position in iShares U.S. Transportation ETF (BATS:IYT)

McGuire Investment Group LLC lowered its stake in iShares U.S. Transportation ETF (BATS:IYT) by 17.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,665 shares of the exchange traded fund’s stock after selling 8,349 shares during the quarter. McGuire Investment Group LLC owned 0.30% of iShares U.S. Transportation ETF worth $2,748,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IYT. Barclays PLC raised its position in shares of iShares U.S. Transportation ETF by 48.7% during the 3rd quarter. Barclays PLC now owns 297,319 shares of the exchange traded fund’s stock valued at $20,488,000 after purchasing an additional 97,319 shares during the period. First Financial Bankshares Inc increased its holdings in iShares U.S. Transportation ETF by 0.6% in the 3rd quarter. First Financial Bankshares Inc now owns 266,979 shares of the exchange traded fund’s stock valued at $18,398,000 after acquiring an additional 1,575 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in iShares U.S. Transportation ETF by 37.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 166,539 shares of the exchange traded fund’s stock valued at $11,476,000 after acquiring an additional 45,127 shares during the last quarter. National Bank of Canada FI increased its holdings in iShares U.S. Transportation ETF by 20,513.2% in the 3rd quarter. National Bank of Canada FI now owns 101,829 shares of the exchange traded fund’s stock valued at $7,017,000 after acquiring an additional 101,335 shares during the last quarter. Finally, Verity & Verity LLC bought a new stake in iShares U.S. Transportation ETF in the 3rd quarter valued at $4,660,000.

iShares U.S. Transportation ETF Stock Performance

Shares of BATS IYT opened at $72.10 on Friday. The company has a market cap of $984.18 million, a P/E ratio of 4.53 and a beta of 1.11. The firm’s fifty day moving average is $70.64 and its two-hundred day moving average is $68.60. 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.