iShares U.S. Transportation ETF (BATS:IYT) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers lowered its stake in shares of iShares U.S. Transportation ETF (BATS:IYT) by 4.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,308 shares of the exchange traded fund’s stock after selling 1,177 shares during the quarter. Cetera Investment Advisers owned approximately 0.18% of iShares U.S. Transportation ETF worth $1,590,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. PNC Financial Services Group Inc. lifted its holdings in shares of iShares U.S. Transportation ETF by 68.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $290,000 after purchasing an additional 448 shares during the last quarter. Deane Retirement Strategies Inc. acquired a new stake in shares of iShares U.S. Transportation ETF in the first quarter valued at approximately $3,948,000. Ferguson Wellman Capital Management Inc. grew its position in shares of iShares U.S. Transportation ETF by 265.3% during the first quarter. Ferguson Wellman Capital Management Inc. now owns 9,460 shares of the exchange traded fund’s stock worth $666,000 after acquiring an additional 6,870 shares during the last quarter. EWG Elevate Inc. acquired a new position in shares of iShares U.S. Transportation ETF in the 1st quarter valued at $1,186,000. Finally, Cadent Capital Advisors LLC raised its position in iShares U.S. Transportation ETF by 458.7% in the 1st quarter. Cadent Capital Advisors LLC now owns 111,561 shares of the exchange traded fund’s stock valued at $7,854,000 after purchasing an additional 91,592 shares during the last quarter.

iShares U.S. Transportation ETF Stock Performance

BATS IYT opened at $71.25 on Tuesday. The firm’s fifty day moving average is $66.74 and its two-hundred day moving average is $65.97. iShares U.S. Transportation ETF has a one year low of $157.65 and a one year high of $206.73. The firm has a market cap of $972.56 million, a PE ratio of 4.53 and a beta of 1.11.

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.