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

iShares U.S. Transportation ETF (BATS:IYT)’s stock price hit a new 52-week low 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 Stock Down 1.0 %

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

Institutional Trading of iShares U.S. Transportation ETF

Several hedge funds have recently made changes to their positions in the stock. Cetera Advisors LLC boosted its stake in iShares U.S. Transportation ETF by 414.0% during the 1st quarter. Cetera Advisors LLC now owns 14,252 shares of the exchange traded fund’s stock valued at $1,003,000 after purchasing an additional 11,479 shares during the period. Cetera Investment Advisers boosted its position in shares of iShares U.S. Transportation ETF by 2,418.3% during the first quarter. Cetera Investment Advisers now owns 25,485 shares of the exchange traded fund’s stock worth $1,794,000 after buying an additional 24,473 shares during the period. Highlander Capital Management LLC grew its holdings in iShares U.S. Transportation ETF by 300.0% in the 1st quarter. Highlander Capital Management LLC now owns 400 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 300 shares in the last quarter. Comerica Bank raised its stake in iShares U.S. Transportation ETF by 69.5% during the 1st quarter. Comerica Bank now owns 3,351 shares of the exchange traded fund’s stock valued at $236,000 after acquiring an additional 1,374 shares in the last quarter. Finally, Transcendent Capital Group LLC boosted its position in iShares U.S. Transportation ETF by 300.0% during the 1st quarter. Transcendent Capital Group LLC now owns 1,600 shares of the exchange traded fund’s stock worth $113,000 after acquiring an additional 1,200 shares during the period.

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.