iShares U.S. Transportation ETF (BATS:IYT) Hits New 52-Week High at $239.79

iShares U.S. Transportation ETF (BATS:IYTGet Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $239.79 and last traded at $241.36, with a volume of 82109 shares. The stock had previously closed at $239.77.

iShares U.S. Transportation ETF Stock Up 0.7 %

The stock has a market cap of $1.10 billion, a PE ratio of 14.82 and a beta of 1.20. The business has a 50 day moving average price of $230.73 and a 200 day moving average price of $239.27.

Institutional Trading of iShares U.S. Transportation ETF

A number of hedge funds have recently modified their holdings of IYT. Patriot Investment Management Group Inc. purchased a new position in iShares U.S. Transportation ETF during the fourth quarter worth approximately $26,000. Spire Wealth Management raised its holdings in shares of iShares U.S. Transportation ETF by 388.2% during the first quarter. Spire Wealth Management now owns 166 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 132 shares during the last quarter. Money Concepts Capital Corp raised its holdings in shares of iShares U.S. Transportation ETF by 576.9% during the fourth quarter. Money Concepts Capital Corp now owns 176 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 150 shares during the last quarter. WealthShield Partners LLC acquired a new position in shares of iShares U.S. Transportation ETF during the first quarter valued at approximately $41,000. Finally, FNY Investment Advisers LLC acquired a new position in shares of iShares U.S. Transportation ETF during the third quarter valued at approximately $46,000.

About iShares U.S. Transportation ETF

(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.

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