iShares U.S. Transportation ETF (BATS:IYT) Share Price Cross Above Fifty Day Moving Average of $68.42

Shares of iShares U.S. Transportation ETF (BATS:IYT) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $68.42 and traded as high as $70.08. iShares U.S. Transportation ETF shares last traded at $70.04, with a volume of 522,381 shares changing hands.

iShares U.S. Transportation ETF Stock Up 0.5 %

The business has a fifty day simple moving average of $68.54 and a two-hundred day simple moving average of $63.34. The company has a market cap of $320.32 million, a P/E ratio of 14.82 and a beta of 1.20.

Institutional Trading of iShares U.S. Transportation ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Cetera Investment Advisers increased its position in iShares U.S. Transportation ETF by 4.9% in the second quarter. Cetera Investment Advisers now owns 1,167 shares of the exchange traded fund’s stock worth $292,000 after buying an additional 55 shares in the last quarter. Raymond James & Associates grew its position in shares of iShares U.S. Transportation ETF by 0.5% during the fourth quarter. Raymond James & Associates now owns 12,882 shares of the exchange traded fund’s stock worth $3,381,000 after purchasing an additional 62 shares in the last quarter. Apeiron RIA LLC grew its position in shares of iShares U.S. Transportation ETF by 6.6% during the fourth quarter. Apeiron RIA LLC now owns 1,168 shares of the exchange traded fund’s stock worth $307,000 after purchasing an additional 72 shares in the last quarter. Indie Asset Partners LLC grew its position in shares of iShares U.S. Transportation ETF by 2.0% during the third quarter. Indie Asset Partners LLC now owns 3,883 shares of the exchange traded fund’s stock worth $908,000 after purchasing an additional 75 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its position in shares of iShares U.S. Transportation ETF by 4.6% during the third quarter. Kestra Advisory Services LLC now owns 1,743 shares of the exchange traded fund’s stock worth $407,000 after purchasing an additional 76 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.