iShares U.S. Transportation ETF (BATS:IYT) Sets New 52-Week Low – Should You Sell?

by · The Cerbat Gem

iShares U.S. Transportation ETF (BATS:IYT – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $70.41 and last traded at $70.25, with a volume of 188259 shares. The stock had previously closed at $70.88.

iShares U.S. Transportation ETF Stock Down 0.9 %

The stock has a market capitalization of $958.84 million, a price-to-earnings ratio of 4.53 and a beta of 1.11. The business’s 50-day moving average is $67.36 and its two-hundred day moving average is $66.01.

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

A number of large investors have recently made changes to their positions in the stock. Trilogy Capital Inc. boosted its stake in iShares U.S. Transportation ETF by 3.4% during the third quarter. Trilogy Capital Inc. now owns 4,700 shares of the exchange traded fund’s stock worth $324,000 after buying an additional 155 shares during the last quarter. McGuire Investment Group LLC boosted its position in shares of iShares U.S. Transportation ETF by 0.3% during the 3rd quarter. McGuire Investment Group LLC now owns 49,014 shares of the exchange traded fund’s stock valued at $3,378,000 after acquiring an additional 157 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in shares of iShares U.S. Transportation ETF by 2.3% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 7,273 shares of the exchange traded fund’s stock valued at $476,000 after acquiring an additional 166 shares during the last quarter. Highlander Capital Management LLC grew its holdings in shares of iShares U.S. Transportation ETF by 300.0% in the first quarter. Highlander Capital Management LLC now owns 400 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 300 shares during the period. Finally, Delos Wealth Advisors LLC raised its stake in iShares U.S. Transportation ETF by 264.9% during the first quarter. Delos Wealth Advisors LLC now owns 416 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 302 shares during the period.

iShares U.S. Transportation ETF Company Profile

(Get Free Report)

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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