iShares U.S. Transportation ETF (BATS:IYT) Sets New 52-Week Low at $66.75

iShares U.S. Transportation ETF (BATS:IYT)’s share price reached a new 52-week low on Monday . The stock traded as low as $66.75 and last traded at $67.07, with a volume of 146096 shares. The stock had previously closed at $66.81.

iShares U.S. Transportation ETF Trading Up 0.3 %

The company has a market capitalization of $929.16 million, a price-to-earnings ratio of 4.53 and a beta of 1.11. The firm’s 50 day moving average price is $65.68 and its two-hundred day moving average price is $66.18.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IYT. Sanctuary Advisors LLC bought a new stake in shares of iShares U.S. Transportation ETF during the 2nd quarter worth about $2,096,000. Truist Financial Corp boosted its holdings in shares of iShares U.S. Transportation ETF by 7.5% during the 2nd quarter. Truist Financial Corp now owns 11,302 shares of the exchange traded fund’s stock worth $739,000 after buying an additional 784 shares during the period. Squarepoint Ops LLC bought a new stake in shares of iShares U.S. Transportation ETF during the 2nd quarter worth about $1,290,000. Marshall Wace LLP bought a new stake in shares of iShares U.S. Transportation ETF during the 2nd quarter worth about $2,190,000. Finally, Thrivent Financial for Lutherans boosted its holdings in shares of iShares U.S. Transportation ETF by 5.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 35,553 shares of the exchange traded fund’s stock worth $2,326,000 after buying an additional 1,843 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.