iShares U.S. Transportation ETF (BATS:IYT – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $81.63 and traded as high as $82.35. iShares U.S. Transportation ETF shares last traded at $82.16, with a volume of 735,983 shares traded.
iShares U.S. Transportation ETF Stock Performance
The firm has a market cap of $824.26 million, a P/E ratio of 16.05 and a beta of 1.25. The stock’s 50 day simple moving average is $81.62 and its 200 day simple moving average is $81.66.
Institutional Trading of iShares U.S. Transportation ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. North Star Investment Management Corp. purchased a new position in shares of iShares U.S. Transportation ETF during the third quarter valued at approximately $33,000. WestEnd Advisors LLC purchased a new stake in iShares U.S. Transportation ETF in the 3rd quarter valued at $116,702,000. Ashton Thomas Securities LLC bought a new position in iShares U.S. Transportation ETF during the 3rd quarter valued at $395,000. Oppenheimer & Co. Inc. bought a new position in iShares U.S. Transportation ETF during the 3rd quarter valued at $326,000. Finally, Park Avenue Securities LLC purchased a new position in iShares U.S. Transportation ETF during the 3rd quarter worth $411,000.
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. The Index measures the performance of the transportation sector of the United States equity market, and includes companies in the primary groups, such as airlines, trucking, railroads, air freight, transportation services and industrial services.
Featured Articles
- Five stocks we like better than iShares U.S. Transportation ETF
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for iShares U.S. Transportation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Transportation ETF and related companies with MarketBeat.com's FREE daily email newsletter.
