EP Wealth Advisors LLC Invests $180,000 in iShares U.S. Transportation ETF (BATS:IYT)

EP Wealth Advisors LLC acquired a new position in iShares U.S. Transportation ETF (BATS:IYT) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 2,668 shares of the exchange traded fund’s stock, valued at approximately $180,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE boosted its stake in iShares U.S. Transportation ETF by 201.3% during the fourth quarter. Bank of America Corp DE now owns 535,197 shares of the exchange traded fund’s stock worth $36,163,000 after buying an additional 357,557 shares in the last quarter. Barclays PLC boosted its stake in 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 worth $20,488,000 after buying an additional 97,319 shares in the last quarter. LPL Financial LLC boosted its stake in iShares U.S. Transportation ETF by 55.0% during the fourth quarter. LPL Financial LLC now owns 272,954 shares of the exchange traded fund’s stock worth $18,443,000 after buying an additional 96,850 shares in the last quarter. Walleye Capital LLC acquired a new stake in iShares U.S. Transportation ETF during the fourth quarter worth $11,077,000. Finally, EHP Funds Inc. acquired a new stake in iShares U.S. Transportation ETF during the fourth quarter worth $8,723,000.

iShares U.S. Transportation ETF Price Performance

IYT opened at $67.96 on Thursday. iShares U.S. Transportation ETF has a fifty-two week low of $54.02 and a fifty-two week high of $75.59. The firm’s fifty day moving average price is $62.20 and its two-hundred day moving average price is $67.84. The company has a market capitalization of $621.82 million, a P/E 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.