iShares U.S. Transportation ETF (BATS:IYT) Hits New 52-Week Low – Here’s What Happened

iShares U.S. Transportation ETF (BATS:IYT) hit a new 52-week low during trading on Monday . The stock traded as low as $69.98 and last traded at $70.18, with a volume of 184284 shares. The stock had previously closed at $69.54.

iShares U.S. Transportation ETF Trading Up 0.9 %

The company has a market capitalization of $957.96 million, a P/E ratio of 4.53 and a beta of 1.11. The stock’s fifty day moving average is $67.90 and its 200 day moving average is $66.06.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Trilogy Capital Inc. grew its position in shares of iShares U.S. Transportation ETF by 3.4% in the 3rd quarter. Trilogy Capital Inc. now owns 4,700 shares of the exchange traded fund’s stock worth $324,000 after buying an additional 155 shares during the last quarter. McGuire Investment Group LLC lifted its stake in iShares U.S. Transportation ETF by 0.3% in the third quarter. McGuire Investment Group LLC now owns 49,014 shares of the exchange traded fund’s stock worth $3,378,000 after acquiring an additional 157 shares during the period. Benjamin F. Edwards & Company Inc. boosted its holdings in iShares U.S. Transportation ETF by 2.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 7,273 shares of the exchange traded fund’s stock valued at $476,000 after acquiring an additional 166 shares in the last quarter. Highlander Capital Management LLC increased its position in iShares U.S. Transportation ETF by 300.0% during the 1st quarter. Highlander Capital Management LLC now owns 400 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 300 shares during the period. Finally, Delos Wealth Advisors LLC raised its holdings in iShares U.S. Transportation ETF by 264.9% in the 1st quarter. Delos Wealth Advisors LLC now owns 416 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 302 shares in 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.