iShares U.S. Transportation ETF (BATS:IYT) Hits New 1-Year Low at $66.75

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

iShares U.S. Transportation ETF Stock Up 0.4 %

The stock has a market capitalization of $915.51 million, a price-to-earnings ratio of 4.53 and a beta of 1.11. The business’s 50-day moving average is $65.47 and its two-hundred day moving average is $66.21.

Hedge Funds Weigh In On iShares U.S. Transportation ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IYT. Headlands Technologies LLC purchased a new position in iShares U.S. Transportation ETF during the second quarter worth about $25,000. Highlander Capital Management LLC raised its stake in iShares U.S. Transportation ETF by 300.0% during the first quarter. Highlander Capital Management LLC now owns 400 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 300 shares during the period. 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. Norwood Financial Corp raised its stake in iShares U.S. Transportation ETF by 300.0% during the first quarter. Norwood Financial Corp now owns 500 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 375 shares during the period. Finally, Family Firm Inc. purchased a new position in iShares U.S. Transportation ETF during the second quarter worth about $44,000.

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.