iShares U.S. Transportation ETF (BATS:IYT) Reaches New 1-Year Low at $67.01

iShares U.S. Transportation ETF (BATS:IYT) shares reached a new 52-week low on Monday . The stock traded as low as $67.01 and last traded at $67.56, with a volume of 410518 shares trading hands. The stock had previously closed at $67.28.

iShares U.S. Transportation ETF Price Performance

The stock’s 50 day simple moving average is $65.78 and its two-hundred day simple moving average is $66.12. The company has a market capitalization of $922.19 million, a P/E ratio of 4.53 and a beta of 1.11.

Institutional Trading of iShares U.S. Transportation ETF

Institutional investors have recently modified their holdings of the company. Q3 Asset Management bought a new position in iShares U.S. Transportation ETF during the 1st quarter valued at approximately $15,966,000. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in iShares U.S. Transportation ETF by 168.0% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 268,000 shares of the exchange traded fund’s stock worth $18,867,000 after acquiring an additional 168,000 shares during the period. BNP Paribas Financial Markets boosted its holdings in iShares U.S. Transportation ETF by 148,658.6% in the first quarter. BNP Paribas Financial Markets now owns 165,122 shares of the exchange traded fund’s stock valued at $11,625,000 after acquiring an additional 165,011 shares in the last quarter. Commonwealth Equity Services LLC increased its position in iShares U.S. Transportation ETF by 256.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 156,180 shares of the exchange traded fund’s stock valued at $10,995,000 after purchasing an additional 112,425 shares during the period. Finally, Advisory Services Network LLC raised its holdings in iShares U.S. Transportation ETF by 5,260.3% in the 1st quarter. Advisory Services Network LLC now owns 100,881 shares of the exchange traded fund’s stock worth $7,102,000 after purchasing an additional 98,999 shares in the last quarter.

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.