JPMorgan Chase & Co. Sells 1,726,236 Shares of iShares U.S. Transportation ETF $IYT

JPMorgan Chase & Co. lessened its holdings in iShares U.S. Transportation ETF (BATS:IYT – Free Report) by 95.0% in the 3rd quarter, Holdings Channel reports. The firm owned 90,494 shares of the exchange traded fund’s stock after selling 1,726,236 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares U.S. Transportation ETF were worth $6,489,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Florin Court Capital LLP bought a new stake in shares of iShares U.S. Transportation ETF during the 3rd quarter worth about $1,355,000. Toth Financial Advisory Corp raised its stake in shares of iShares U.S. Transportation ETF by 44.8% in the 3rd quarter. Toth Financial Advisory Corp now owns 21,638 shares of the exchange traded fund’s stock valued at $1,552,000 after acquiring an additional 6,696 shares in the last quarter. Citigroup Inc. lifted its holdings in iShares U.S. Transportation ETF by 100.0% in the 3rd quarter. Citigroup Inc. now owns 102,449 shares of the exchange traded fund’s stock worth $7,347,000 after purchasing an additional 51,219 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in iShares U.S. Transportation ETF by 66.1% in the 2nd quarter. Osaic Holdings Inc. now owns 47,020 shares of the exchange traded fund’s stock worth $3,222,000 after purchasing an additional 18,709 shares during the last quarter. Finally, Naples Global Advisors LLC boosted its position in iShares U.S. Transportation ETF by 366.0% during the third quarter. Naples Global Advisors LLC now owns 14,540 shares of the exchange traded fund’s stock worth $1,043,000 after purchasing an additional 11,420 shares during the period.

iShares U.S. Transportation ETF Stock Up 3.4%

Shares of IYT stock opened at $74.60 on Wednesday. iShares U.S. Transportation ETF has a 12 month low of $54.02 and a 12 month high of $83.07. The company has a market cap of $753.46 million, a PE ratio of 16.05 and a beta of 1.25. The business’s 50 day moving average is $77.90 and its two-hundred day moving average is $74.85.

About iShares U.S. Transportation ETF

(Free Report)

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. The Index measures the performance of the transportation sector of the United States equity market, and includes companies in the primary groups, such as airlines, trucking, railroads, air freight, transportation services and industrial services.

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