IYT Stock Summary and Trading Ideas (iShares Transportation Average ETF | BATS:IYT)

The Fund seeks to track the investment results of the S&P Transportation Select Industry FMC Capped Index (the Underlying Index ), which measures the performance of Companies within the transportation sector of the U.S. equity market as determined by S&P Dow Jones Indices LLC (the Index Provider or SPDJI ). The Underlying Index may include large-, mid- and small-capitalization companies. Securities in the Underlying Index are weighted based on the float-adjusted market value of their outstanding shares.

iShares Transportation Average ETF trades on the BATS stock market under the symbol IYT.

As of April 15, 2024, IYT stock price declined to $67.01 with 507,281 million shares trading.

IYT has a beta of 1.31, meaning it tends to be more sensitive to market movements. IYT has a correlation of 0.68 to the broad based SPY ETF.

IYT has a market cap of $891.23 million. This is considered a Small Cap stock.

In the last 3 years, IYT stock traded as high as $71.16 and as low as $48.18.

IYT has underperformed the market in the last year with a price return of +20.4% while the SPY ETF gained +23.9%. IYT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +4.4% and -3.9%, respectively, while the SPY returned +6.2% and -3.4%, respectively.

IYT support price is $66.81 and resistance is $68.41 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IYT stock will trade within this expected range on the day.