iShares U.S. Transportation ETF (BATS:IYT) Hits New 52-Week Low – Time to Sell?

Posted by Tyrone Williams on Jan 18th, 2025

iShares U.S. Transportation ETF (BATS:IYT – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $70.20 and last traded at $71.17, with a volume of 352812 shares changing hands. The stock had previously closed at $69.54.

iShares U.S. Transportation ETF Stock Up 1.6 %

The company has a market capitalization of $964.44 million, a P/E ratio of 4.53 and a beta of 1.11. The business has a fifty day moving average price of $70.78 and a 200 day moving average price of $68.41.

Institutional Trading of iShares U.S. Transportation ETF

A number of institutional investors have recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. boosted its position in iShares U.S. Transportation ETF by 2.3% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 7,273 shares of the exchange traded fund’s stock valued at $476,000 after purchasing an additional 166 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of iShares U.S. Transportation ETF by 5.5% during the second quarter. Thrivent Financial for Lutherans now owns 35,553 shares of the exchange traded fund’s stock worth $2,326,000 after purchasing an additional 1,843 shares during the period. Marshall Wace LLP bought a new position in shares of iShares U.S. Transportation ETF during the second quarter worth approximately $2,190,000. Squarepoint Ops LLC bought a new position in shares of iShares U.S. Transportation ETF during the second quarter worth approximately $1,290,000. Finally, Truist Financial Corp increased its stake in shares of iShares U.S. Transportation ETF by 7.5% during the second quarter. Truist Financial Corp now owns 11,302 shares of the exchange traded fund’s stock worth $739,000 after purchasing an additional 784 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.