AMJ Financial Wealth Management increased its position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT – Free Report) by 32.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,818 shares of the company’s stock after acquiring an additional 3,870 shares during the quarter. AMJ Financial Wealth Management’s holdings in iShares U.S. Regional Banks ETF were worth $797,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the company. MinichMacGregor Wealth Management LLC purchased a new stake in shares of iShares U.S. Regional Banks ETF in the 4th quarter valued at about $7,025,000. JPMorgan Chase & Co. raised its stake in iShares U.S. Regional Banks ETF by 23.8% in the third quarter. JPMorgan Chase & Co. now owns 364,710 shares of the company’s stock valued at $17,338,000 after purchasing an additional 70,206 shares in the last quarter. Banque Pictet & Cie SA purchased a new stake in iShares U.S. Regional Banks ETF in the fourth quarter valued at approximately $2,410,000. Cadent Capital Advisors LLC lifted its position in iShares U.S. Regional Banks ETF by 136.5% during the fourth quarter. Cadent Capital Advisors LLC now owns 70,115 shares of the company’s stock valued at $3,531,000 after purchasing an additional 40,473 shares during the last quarter. Finally, Tudor Financial Inc. purchased a new position in iShares U.S. Regional Banks ETF in the 4th quarter worth approximately $2,001,000.
iShares U.S. Regional Banks ETF Price Performance
Shares of NYSEARCA:IAT opened at $50.38 on Tuesday. iShares U.S. Regional Banks ETF has a one year low of $38.75 and a one year high of $57.69. The firm has a market capitalization of $725.47 million, a price-to-earnings ratio of 9.90 and a beta of 1.24. The company’s fifty day moving average price is $51.73 and its 200-day moving average price is $50.73.
iShares U.S. Regional Banks ETF Company Profile
The iShares U.S. Regional Banks ETF (IAT) is an exchange-traded fund that is based on the DJ US Select \u002F Regional Banks index. The fund tracks the performance of an index of small- and mid-cap regional banks. IAT was launched on May 1, 2006 and is managed by BlackRock.
Featured Stories
- Five stocks we like better than iShares U.S. Regional Banks ETF
- Stock Sentiment Analysis: How it Works
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- What is the S&P 500 and How It is Distinct from Other Indexes
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- What Are Dividend Contenders? Investing in Dividend Contenders
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Want to see what other hedge funds are holding IAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Regional Banks ETF (NYSEARCA:IAT – Free Report).
Receive News & Ratings for iShares U.S. Regional Banks ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Regional Banks ETF and related companies with MarketBeat.com's FREE daily email newsletter.
