iShares U.S. Transportation ETF (BATS:IYT) Reaches New 1-Year Low at $64.44

Shares of iShares U.S. Transportation ETF (BATS:IYT) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $64.44 and last traded at $64.80, with a volume of 311186 shares changing hands. The stock had previously closed at $65.43.

iShares U.S. Transportation ETF Trading Down 1.0 %

The company’s 50 day moving average is $64.94 and its 200-day moving average is $66.59. The firm has a market capitalization of $884.52 million, a price-to-earnings ratio of 4.53 and a beta of 1.11.

Institutional Investors Weigh In On iShares U.S. Transportation ETF

Several hedge funds have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. increased its stake in shares of iShares U.S. Transportation ETF by 29.6% during the third quarter. PNC Financial Services Group Inc. now owns 657 shares of the exchange traded fund’s stock worth $154,000 after purchasing an additional 150 shares during the period. Qube Research & Technologies Ltd bought a new stake in iShares U.S. Transportation ETF in the 3rd quarter valued at about $1,976,000. GSA Capital Partners LLP grew its position in shares of iShares U.S. Transportation ETF by 175.7% during the 3rd quarter. GSA Capital Partners LLP now owns 15,048 shares of the exchange traded fund’s stock worth $3,518,000 after purchasing an additional 9,589 shares in the last quarter. EP Wealth Advisors LLC bought a new position in shares of iShares U.S. Transportation ETF during the third quarter worth approximately $123,000. Finally, Modera Wealth Management LLC acquired a new stake in shares of iShares U.S. Transportation ETF in the third quarter valued at approximately $40,346,000.

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.