iShares U.S. Transportation ETF (BATS:IYT) Sets New 52-Week Low at $68.45

iShares U.S. Transportation ETF (BATS:IYT) reached a new 52-week low during trading on Monday . The stock traded as low as $68.45 and last traded at $68.86, with a volume of 634355 shares traded. The stock had previously closed at $68.72.

iShares U.S. Transportation ETF Stock Performance

The stock has a market cap of $920.15 million, a P/E ratio of 4.53 and a beta of 1.11. The firm’s 50 day moving average is $66.02 and its 200 day moving average is $66.06.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of IYT. PNC Financial Services Group Inc. increased its stake in iShares U.S. Transportation ETF by 68.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $290,000 after purchasing an additional 448 shares in the last quarter. Blue Door Asset Management LLC acquired a new position in iShares U.S. Transportation ETF during the 4th quarter valued at approximately $1,207,000. Transcendent Capital Group LLC acquired a new position in iShares U.S. Transportation ETF during the 4th quarter valued at approximately $105,000. Vima LLC acquired a new stake in shares of iShares U.S. Transportation ETF in the fourth quarter worth $77,000. Finally, Deane Retirement Strategies Inc. acquired a new stake in shares of iShares U.S. Transportation ETF in the first quarter worth $3,948,000.

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.