iShares U.S. Transportation ETF (BATS:IYT) Reaches New 12-Month Low – What’s Next?

iShares U.S. Transportation ETF (BATS:IYT) hit a new 52-week low during trading on Monday . The stock traded as low as $69.68 and last traded at $69.82, with a volume of 419175 shares trading hands. The stock had previously closed at $70.10.

iShares U.S. Transportation ETF Stock Down 0.4 %

The stock has a market cap of $953.04 million, a PE ratio of 4.53 and a beta of 1.11. The business’s fifty day moving average is $71.63 and its 200 day moving average is $67.69.

Institutional Trading of iShares U.S. Transportation ETF

Several large investors have recently bought and sold shares of IYT. Headlands Technologies LLC purchased a new stake in shares of iShares U.S. Transportation ETF in the 2nd quarter worth about $25,000. Sanctuary Wealth Management L.L.C. purchased a new position in iShares U.S. Transportation ETF during the third quarter worth $41,000. Family Firm Inc. acquired a new position in shares of iShares U.S. Transportation ETF in the second quarter worth $44,000. Bristlecone Advisors LLC purchased a new stake in shares of iShares U.S. Transportation ETF in the third quarter valued at $81,000. Finally, Transcendent Capital Group LLC boosted its stake in shares of iShares U.S. Transportation ETF by 11.4% during the 3rd quarter. Transcendent Capital Group LLC now owns 1,782 shares of the exchange traded fund’s stock worth $123,000 after purchasing an additional 182 shares during the last quarter.

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.