Aveo Capital Partners LLC Raises Stock Position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Aveo Capital Partners LLC grew its holdings in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 12.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,908 shares of the company’s stock after purchasing an additional 876 shares during the period. Aveo Capital Partners LLC’s holdings in iShares U.S. Regional Banks ETF were worth $398,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of IAT. Sanctuary Advisors LLC purchased a new stake in iShares U.S. Regional Banks ETF during the second quarter worth about $227,000. Cadent Capital Advisors LLC purchased a new stake in iShares U.S. Regional Banks ETF during the third quarter worth about $1,409,000. International Assets Investment Management LLC increased its stake in iShares U.S. Regional Banks ETF by 4,667.4% during the third quarter. International Assets Investment Management LLC now owns 64,693 shares of the company’s stock worth $3,076,000 after purchasing an additional 63,336 shares during the period. Gimbal Financial purchased a new stake in iShares U.S. Regional Banks ETF during the third quarter worth about $4,280,000. Finally, Creative Financial Designs Inc. ADV increased its stake in iShares U.S. Regional Banks ETF by 8.5% during the third quarter. Creative Financial Designs Inc. ADV now owns 5,042 shares of the company’s stock worth $240,000 after purchasing an additional 396 shares during the period.

iShares U.S. Regional Banks ETF Stock Performance

Shares of iShares U.S. Regional Banks ETF stock opened at $52.36 on Friday. iShares U.S. Regional Banks ETF has a one year low of $38.75 and a one year high of $57.69. The company has a market cap of $753.98 million, a PE ratio of 9.90 and a beta of 1.24. The business has a 50-day simple moving average of $51.96 and a 200-day simple moving average of $50.25.

About iShares U.S. Regional Banks ETF

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.