iShares U.S. Transportation ETF Sees Unusually Large Options Volume (BATS:IYT)

iShares U.S. Transportation ETF (BATS:IYT) was the target of some unusual options trading on Thursday. Stock traders purchased 3,468 put options on the company. This represents an increase of approximately 374% compared to the average daily volume of 732 put options.

Institutional Investors Weigh In On iShares U.S. Transportation ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in iShares U.S. Transportation ETF by 201.3% during the fourth quarter. Bank of America Corp DE now owns 535,197 shares of the exchange traded fund’s stock worth $36,163,000 after buying an additional 357,557 shares in the last quarter. Walleye Capital LLC acquired a new stake in shares of iShares U.S. Transportation ETF during the 4th quarter valued at $11,077,000. EHP Funds Inc. acquired a new stake in shares of iShares U.S. Transportation ETF during the 4th quarter valued at $8,723,000. National Bank of Canada FI boosted its stake in shares of iShares U.S. Transportation ETF by 20,513.2% during the 3rd quarter. National Bank of Canada FI now owns 101,829 shares of the exchange traded fund’s stock worth $7,017,000 after acquiring an additional 101,335 shares in the last quarter. Finally, Barclays PLC grew its holdings in shares of iShares U.S. Transportation ETF by 48.7% in the 3rd quarter. Barclays PLC now owns 297,319 shares of the exchange traded fund’s stock worth $20,488,000 after acquiring an additional 97,319 shares during the last quarter.

iShares U.S. Transportation ETF Price Performance

iShares U.S. Transportation ETF has a one year low of $55.43 and a one year high of $75.59. The firm has a market cap of $959.46 million, a price-to-earnings ratio of 17.77 and a beta of 1.21. The firm’s 50-day moving average price is $68.04 and its 200-day moving average price is $69.52.

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.