iShares U.S. Transportation ETF (BATS:IYT) Hits New 12-Month Low at $65.60

iShares U.S. Transportation ETF (BATS:IYT)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $65.60 and last traded at $66.28, with a volume of 180319 shares traded. The stock had previously closed at $65.49.

iShares U.S. Transportation ETF Stock Up 0.5 %

The business has a 50-day moving average of $64.80 and a two-hundred day moving average of $66.51. The firm has a market capitalization of $903.22 million, a price-to-earnings ratio of 4.53 and a beta of 1.11.

Institutional Trading of iShares U.S. Transportation ETF

Institutional investors have recently bought and sold shares of the stock. Q3 Asset Management acquired a new stake in shares of iShares U.S. Transportation ETF in the 1st quarter valued at $15,966,000. Healthcare of Ontario Pension Plan Trust Fund increased its position in iShares U.S. Transportation ETF by 168.0% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 268,000 shares of the exchange traded fund’s stock worth $18,867,000 after purchasing an additional 168,000 shares during the period. BNP Paribas Financial Markets raised its holdings in iShares U.S. Transportation ETF by 148,658.6% during the 1st quarter. BNP Paribas Financial Markets now owns 165,122 shares of the exchange traded fund’s stock worth $11,625,000 after purchasing an additional 165,011 shares during the last quarter. International Assets Investment Management LLC acquired a new position in iShares U.S. Transportation ETF during the 4th quarter valued at about $35,128,000. Finally, Commonwealth Equity Services LLC boosted its stake in shares of iShares U.S. Transportation ETF by 256.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 156,180 shares of the exchange traded fund’s stock valued at $10,995,000 after purchasing an additional 112,425 shares during the last quarter.

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.