HighTower Advisors LLC Sells 904 Shares of iShares U.S. Transportation ETF (BATS:IYT)

HighTower Advisors LLC cut its stake in iShares U.S. Transportation ETF (BATS:IYT) by 5.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,350 shares of the exchange traded fund’s stock after selling 904 shares during the quarter. HighTower Advisors LLC’s holdings in iShares U.S. Transportation ETF were worth $1,037,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of IYT. Allworth Financial LP raised its stake in shares of iShares U.S. Transportation ETF by 23.3% in the fourth quarter. Allworth Financial LP now owns 1,815 shares of the exchange traded fund’s stock valued at $130,000 after acquiring an additional 343 shares during the period. JPMorgan Chase & Co. raised its position 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 worth $4,383,000 after purchasing an additional 50,129 shares during the period. IFP Advisors Inc bought a new stake in iShares U.S. Transportation ETF in the fourth quarter worth about $61,000. Mutual Advisors LLC boosted its position in shares of iShares U.S. Transportation ETF by 8.6% during the fourth quarter. Mutual Advisors LLC now owns 4,149 shares of the exchange traded fund’s stock valued at $296,000 after buying an additional 330 shares during the period. Finally, BNP Paribas Financial Markets boosted its position in shares of iShares U.S. Transportation ETF by 37.2% during the third quarter. BNP Paribas Financial Markets now owns 166,539 shares of the exchange traded fund’s stock valued at $11,476,000 after buying an additional 45,127 shares during the period.

iShares U.S. Transportation ETF Stock Performance

Shares of BATS IYT opened at $65.57 on Thursday. iShares U.S. Transportation ETF has a fifty-two week low of $60.10 and a fifty-two week high of $75.59. The company has a market cap of $619.61 million, a price-to-earnings ratio of 17.77 and a beta of 1.21. The business’s 50 day moving average price is $69.29 and its 200-day moving average price is $69.73.

iShares U.S. Transportation ETF 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.