iShares U.S. Transportation ETF (BATS:IYT) Hits New 12-Month Low at $66.67

iShares U.S. Transportation ETF (BATS:IYT)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $66.67 and last traded at $66.64, with a volume of 610459 shares. The stock had previously closed at $67.01.

iShares U.S. Transportation ETF Stock Performance

The company has a 50 day moving average of $69.25 and a 200 day moving average of $64.25. The stock has a market capitalization of $915.32 million, a price-to-earnings ratio of 4.71 and a beta of 1.13.

Institutional Trading of iShares U.S. Transportation ETF

Several institutional investors have recently made changes to their positions in IYT. Miracle Mile Advisors LLC grew its position in iShares U.S. Transportation ETF by 16.8% in the first quarter. Miracle Mile Advisors LLC now owns 10,026 shares of the exchange traded fund’s stock worth $706,000 after acquiring an additional 1,443 shares during the period. Trilogy Capital Inc. grew its holdings in shares of iShares U.S. Transportation ETF by 175.5% during the 1st quarter. Trilogy Capital Inc. now owns 4,372 shares of the exchange traded fund’s stock worth $308,000 after purchasing an additional 2,785 shares during the period. Founders Financial Securities LLC purchased a new position in shares of iShares U.S. Transportation ETF during the 1st quarter worth $331,000. Toth Financial Advisory Corp increased its position in shares of iShares U.S. Transportation ETF by 1,434.5% during the 1st quarter. Toth Financial Advisory Corp now owns 18,076 shares of the exchange traded fund’s stock worth $1,273,000 after purchasing an additional 16,898 shares during the last quarter. Finally, Norwood Financial Corp raised its holdings in iShares U.S. Transportation ETF by 300.0% in the 1st quarter. Norwood Financial Corp now owns 500 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 375 shares during the period.

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.