iShares U.S. Transportation ETF (BATS:IYT) Hits New 1-Year Low at $62.31

iShares U.S. Transportation ETF (BATS:IYT) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $62.31 and last traded at $63.88, with a volume of 278641 shares. The stock had previously closed at $63.45.

iShares U.S. Transportation ETF Stock Performance

The firm has a market cap of $871.69 million, a P/E ratio of 4.53 and a beta of 1.11. The firm has a 50 day simple moving average of $65.54 and a 200 day simple moving average of $66.52.

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

A number of large investors have recently modified their holdings of the company. Highlander Capital Management LLC bought a new position in iShares U.S. Transportation ETF in the 4th quarter valued at $26,000. Delos Wealth Advisors LLC grew its holdings in shares of iShares U.S. Transportation ETF by 264.9% during the first 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. Norwood Financial Corp increased its position in shares of iShares U.S. Transportation ETF by 300.0% in the first quarter. Norwood Financial Corp now owns 500 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 375 shares during the last quarter. Capital Investment Advisory Services LLC lifted its position in iShares U.S. Transportation ETF by 280.5% during the first quarter. Capital Investment Advisory Services LLC now owns 1,016 shares of the exchange traded fund’s stock valued at $72,000 after purchasing an additional 749 shares during the last quarter. Finally, Vima LLC purchased a new position in iShares U.S. Transportation ETF in the 4th quarter worth approximately $77,000.

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.