Mercer Global Advisors Inc. ADV Trims Stock Holdings in iShares U.S. Transportation ETF (BATS:IYT)

Mercer Global Advisors Inc. ADV lessened its stake in shares of iShares U.S. Transportation ETF (BATS:IYT) by 11.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,518 shares of the exchange traded fund’s stock after selling 595 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in iShares U.S. Transportation ETF were worth $296,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Headlands Technologies LLC acquired a new position in shares of iShares U.S. Transportation ETF in the 2nd quarter worth approximately $25,000. Highlander Capital Management LLC lifted its stake in iShares U.S. Transportation ETF by 300.0% during the first quarter. Highlander Capital Management LLC now owns 400 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 300 shares in the last quarter. Delos Wealth Advisors LLC boosted its position in shares of iShares U.S. Transportation ETF by 264.9% during the first quarter. Delos Wealth Advisors LLC now owns 416 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 302 shares during the period. Norwood Financial Corp grew its stake in shares of iShares U.S. Transportation ETF by 300.0% in the first quarter. Norwood Financial Corp now owns 500 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 375 shares in the last quarter. Finally, Family Firm Inc. purchased a new stake in shares of iShares U.S. Transportation ETF in the 2nd quarter valued at $44,000.

iShares U.S. Transportation ETF Trading Up 0.1 %

IYT opened at $68.72 on Monday. The stock’s 50-day moving average price is $65.92 and its 200 day moving average price is $66.09. iShares U.S. Transportation ETF has a 12-month low of $157.65 and a 12-month high of $206.73. The firm has a market cap of $938.03 million, a price-to-earnings 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.