iShares U.S. Transportation ETF (BATS:IYT) Share Price Pass Below 200-Day Moving Average – Should You Sell?

iShares U.S. Transportation ETF (BATS:IYT) shares crossed 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 company has a 50-day moving average of $71.12 and a 200-day moving average of $68.06. The stock has a market capitalization of $936.25 million, a price-to-earnings ratio of 4.53 and a beta of 1.11.

Institutional Trading of iShares U.S. Transportation ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Trilogy Capital Inc. boosted its stake 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 worth $324,000 after purchasing an additional 155 shares during the last quarter. McGuire Investment Group LLC boosted its position in iShares U.S. Transportation ETF by 0.3% during the third quarter. McGuire Investment Group LLC now owns 49,014 shares of the exchange traded fund’s stock worth $3,378,000 after acquiring an additional 157 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in iShares U.S. Transportation ETF by 2.3% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 7,273 shares of the exchange traded fund’s stock worth $476,000 after acquiring an additional 166 shares during the last quarter. Transcendent Capital Group LLC grew its stake in iShares U.S. Transportation ETF by 11.4% in the 3rd quarter. Transcendent Capital Group LLC now owns 1,782 shares of the exchange traded fund’s stock worth $123,000 after acquiring an additional 182 shares during the period. Finally, Massachusetts Wealth Management raised its holdings in iShares U.S. Transportation ETF by 2.3% in the 3rd quarter. Massachusetts Wealth Management now owns 15,233 shares of the exchange traded fund’s stock valued at $1,050,000 after acquiring an additional 345 shares during 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.