iShares U.S. Transportation ETF (BATS:IYT) Sets New 12-Month Low at $64.87

iShares U.S. Transportation ETF (BATS:IYT)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $64.87 and last traded at $64.93, with a volume of 305721 shares changing hands. The stock had previously closed at $65.21.

iShares U.S. Transportation ETF Trading Down 0.4 %

The firm’s fifty day moving average price is $64.69 and its 200-day moving average price is $66.61. The firm has a market cap of $886.29 million, a price-to-earnings ratio of 4.53 and a beta of 1.11.

Hedge Funds Weigh In On iShares U.S. Transportation ETF

Several large investors have recently bought and sold shares of the stock. Raymond James & Associates increased its position in shares of iShares U.S. Transportation ETF by 0.5% during the fourth quarter. Raymond James & Associates now owns 12,882 shares of the exchange traded fund’s stock worth $3,381,000 after purchasing an additional 62 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in iShares U.S. Transportation ETF by 11.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 8,714 shares of the exchange traded fund’s stock worth $2,287,000 after buying an additional 900 shares during the last quarter. Clarus Wealth Advisors acquired a new position in iShares U.S. Transportation ETF during the fourth quarter worth approximately $1,455,000. Pallas Capital Advisors LLC acquired a new position in iShares U.S. Transportation ETF during the fourth quarter worth approximately $3,596,000. Finally, International Assets Investment Management LLC purchased a new stake in iShares U.S. Transportation ETF in the fourth quarter valued at approximately $35,128,000.

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.