iShares U.S. Transportation ETF (BATS:IYT – Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as $70.20 and last traded at $67.67, with a volume of 352812 shares. The stock had previously closed at $69.54.
iShares U.S. Transportation ETF Trading Down 3.3 %
The company has a market capitalization of $635.27 million, a price-to-earnings ratio of 18.35 and a beta of 1.21. The firm’s fifty day simple moving average is $70.19 and its two-hundred day simple moving average is $69.88.
Institutional Investors Weigh In On iShares U.S. Transportation ETF
Large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in shares of iShares U.S. Transportation ETF by 201.3% during the fourth quarter. Bank of America Corp DE now owns 535,197 shares of the exchange traded fund’s stock worth $36,163,000 after purchasing an additional 357,557 shares in the last quarter. Walleye Capital LLC purchased a new position in iShares U.S. Transportation ETF in the 4th quarter valued at $11,077,000. EHP Funds Inc. purchased a new stake in shares of iShares U.S. Transportation ETF in the fourth quarter valued at about $8,723,000. National Bank of Canada FI boosted its holdings in iShares U.S. Transportation ETF by 20,513.2% in the 3rd quarter. National Bank of Canada FI now owns 101,829 shares of the exchange traded fund’s stock valued at $7,017,000 after purchasing an additional 101,335 shares in the last quarter. Finally, Barclays PLC raised its stake in shares of iShares U.S. Transportation ETF by 48.7% during the 3rd quarter. Barclays PLC now owns 297,319 shares of the exchange traded fund’s stock worth $20,488,000 after buying an additional 97,319 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.
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