Thrivent Financial for Lutherans Sells 8,000 Shares of iShares U.S. Transportation ETF $IYT

Thrivent Financial for Lutherans decreased its stake in iShares U.S. Transportation ETF (BATS:IYT) by 23.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,583 shares of the exchange traded fund’s stock after selling 8,000 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.26% of iShares U.S. Transportation ETF worth $1,906,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its stake in shares of iShares U.S. Transportation ETF by 1,520.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,816,730 shares of the exchange traded fund’s stock valued at $124,519,000 after acquiring an additional 1,704,613 shares during the period. Bank of America Corp DE boosted its position in shares of iShares U.S. Transportation ETF by 54.6% in the second quarter. Bank of America Corp DE now owns 255,098 shares of the exchange traded fund’s stock worth $17,484,000 after purchasing an additional 90,131 shares during the period. Raymond James Financial Inc. increased its stake in shares of iShares U.S. Transportation ETF by 8.4% in the second quarter. Raymond James Financial Inc. now owns 91,742 shares of the exchange traded fund’s stock worth $6,288,000 after purchasing an additional 7,112 shares in the last quarter. Stenger Family Office LLC bought a new stake in shares of iShares U.S. Transportation ETF during the 3rd quarter valued at $3,673,000. Finally, Osaic Holdings Inc. lifted its stake in shares of iShares U.S. Transportation ETF by 66.1% during the 2nd quarter. Osaic Holdings Inc. now owns 47,020 shares of the exchange traded fund’s stock valued at $3,222,000 after buying an additional 18,709 shares in the last quarter.

iShares U.S. Transportation ETF Stock Performance

Shares of iShares U.S. Transportation ETF stock opened at $81.45 on Thursday. iShares U.S. Transportation ETF has a fifty-two week low of $54.02 and a fifty-two week high of $83.07. The company has a market capitalization of $822.65 million, a P/E ratio of 16.05 and a beta of 1.25. The company has a fifty day moving average of $77.01 and a 200 day moving average of $73.09.

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. 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.