Montag A & Associates Inc. Has $85,000 Stock Holdings in iShares U.S. Transportation ETF $IYT

Montag A & Associates Inc. trimmed its holdings in iShares U.S. Transportation ETF (BATS:IYT) by 40.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,244 shares of the exchange traded fund’s stock after selling 847 shares during the period. Montag A & Associates Inc.’s holdings in iShares U.S. Transportation ETF were worth $85,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in IYT. Ameritas Advisory Services LLC acquired a new stake in shares of iShares U.S. Transportation ETF in the 2nd quarter worth about $49,000. Harbour Investments Inc. boosted its stake in iShares U.S. Transportation ETF by 56.5% during the 1st quarter. Harbour Investments Inc. now owns 1,127 shares of the exchange traded fund’s stock valued at $72,000 after purchasing an additional 407 shares during the last quarter. Naples Global Advisors LLC bought a new stake in iShares U.S. Transportation ETF during the 2nd quarter worth approximately $214,000. Howe & Rusling Inc. raised its stake in shares of iShares U.S. Transportation ETF by 6.2% in the first quarter. Howe & Rusling Inc. now owns 3,244 shares of the exchange traded fund’s stock worth $208,000 after purchasing an additional 188 shares during the last quarter. Finally, Valmark Advisers Inc. raised its stake in shares of iShares U.S. Transportation ETF by 8.9% in the second quarter. Valmark Advisers Inc. now owns 4,607 shares of the exchange traded fund’s stock worth $316,000 after purchasing an additional 377 shares during the last quarter.

iShares U.S. Transportation ETF Trading Up 5.0%

Shares of iShares U.S. Transportation ETF stock opened at $72.99 on Thursday. The company has a market capitalization of $737.21 million, a P/E ratio of 16.05 and a beta of 1.25. The stock has a fifty day simple moving average of $71.36 and a 200 day simple moving average of $69.14. iShares U.S. Transportation ETF has a 12-month low of $54.02 and a 12-month high of $75.59.

iShares U.S. Transportation ETF 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.