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

KKM Financial LLC trimmed its position in iShares U.S. Transportation ETF (BATS:IYT) by 22.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 27,115 shares of the exchange traded fund’s stock after selling 8,076 shares during the period. KKM Financial LLC’s holdings in iShares U.S. Transportation ETF were worth $1,861,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Barclays PLC lifted its stake in shares of iShares U.S. Transportation ETF by 48.7% during the third quarter. Barclays PLC now owns 297,319 shares of the exchange traded fund’s stock valued at $20,488,000 after buying an additional 97,319 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares U.S. Transportation ETF by 371.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 63,607 shares of the exchange traded fund’s stock valued at $4,383,000 after acquiring an additional 50,129 shares during the last quarter. ORG Partners LLC purchased a new position in shares of iShares U.S. Transportation ETF during the 4th quarter worth $54,000. Cox Capital Mgt LLC acquired a new stake in shares of iShares U.S. Transportation ETF during the fourth quarter worth $3,565,000. Finally, Albion Financial Group UT purchased a new stake in shares of iShares U.S. Transportation ETF in the fourth quarter valued at $4,334,000.

iShares U.S. Transportation ETF Trading Down 8.3 %

BATS IYT opened at $63.78 on Friday. The business’s 50-day moving average price is $62.23 and its 200 day moving average price is $67.90. 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 PE ratio of 16.77 and a beta of 1.26.

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.