iShares U.S. Transportation ETF (BATS:IYT) Stock Price Cross Below 200 Day Moving Average – Here’s What Happened

iShares U.S. Transportation ETF (BATS:IYT)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $68.04 and traded as low as $67.38. iShares U.S. Transportation ETF shares last traded at $67.57, with a volume of 197,145 shares traded.

iShares U.S. Transportation ETF Stock Performance

The firm has a fifty day simple moving average of $71.12 and a 200 day simple moving average of $68.06. The company has a market cap of $936.25 million, a PE ratio of 4.53 and a beta of 1.11.

Institutional Trading of iShares U.S. Transportation ETF

Institutional investors have recently made changes to their positions in the stock. Truist Financial Corp increased its position in iShares U.S. Transportation ETF by 7.5% during the 2nd 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 in the last quarter. Thrivent Financial for Lutherans increased its position in shares of iShares U.S. Transportation ETF by 5.5% in the second quarter. Thrivent Financial for Lutherans now owns 35,553 shares of the exchange traded fund’s stock worth $2,326,000 after acquiring an additional 1,843 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of iShares U.S. Transportation ETF by 37.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 166,539 shares of the exchange traded fund’s stock valued at $11,476,000 after acquiring an additional 45,127 shares during the period. Trilogy Capital Inc. lifted its holdings in shares of iShares U.S. Transportation ETF by 3.4% during the 3rd quarter. Trilogy Capital Inc. now owns 4,700 shares of the exchange traded fund’s stock valued at $324,000 after acquiring an additional 155 shares in the last quarter. Finally, Verity & Verity LLC purchased a new stake in iShares U.S. Transportation ETF during the 3rd quarter worth $4,660,000.

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.