Janney Montgomery Scott LLC Has $962,000 Holdings in iShares U.S. Transportation ETF (BATS:IYT)

Janney Montgomery Scott LLC cut its stake in shares of iShares U.S. Transportation ETF (BATS:IYT) by 6.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 13,958 shares of the exchange traded fund’s stock after selling 941 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares U.S. Transportation ETF were worth $962,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Headlands Technologies LLC bought a new stake in shares of iShares U.S. Transportation ETF in the 2nd quarter valued at $25,000. Highlander Capital Management LLC grew its stake in shares of iShares U.S. Transportation ETF by 300.0% in the 1st quarter. Highlander Capital Management LLC now owns 400 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 300 shares in the last quarter. Family Firm Inc. purchased a new stake in shares of iShares U.S. Transportation ETF during the 2nd quarter valued at $44,000. Bristlecone Advisors LLC bought a new position in shares of iShares U.S. Transportation ETF during the 3rd quarter worth $81,000. Finally, Mather Group LLC. grew its holdings in iShares U.S. Transportation ETF by 12,666.7% during the 2nd quarter. Mather Group LLC. now owns 1,532 shares of the exchange traded fund’s stock valued at $108,000 after buying an additional 1,520 shares in the last quarter.

iShares U.S. Transportation ETF Trading Down 0.2 %

Shares of BATS IYT opened at $72.98 on Friday. The firm has a market capitalization of $996.18 million, a price-to-earnings ratio of 4.53 and a beta of 1.11. iShares U.S. Transportation ETF has a 12 month low of $157.65 and a 12 month high of $206.73. The business has a 50-day moving average of $69.53 and a 200-day moving average of $66.61.

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.