Jones Financial Companies Lllp Boosts Stock Position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Jones Financial Companies Lllp boosted its holdings in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 19.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,270 shares of the company’s stock after purchasing an additional 6,774 shares during the period. Jones Financial Companies Lllp owned about 0.29% of iShares U.S. Regional Banks ETF worth $2,078,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its holdings in iShares U.S. Regional Banks ETF by 3.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 37,437 shares of the company’s stock worth $1,780,000 after purchasing an additional 1,358 shares in the last quarter. FMR LLC raised its stake in iShares U.S. Regional Banks ETF by 54.4% in the third quarter. FMR LLC now owns 1,762 shares of the company’s stock worth $84,000 after buying an additional 621 shares in the last quarter. Park Avenue Securities LLC bought a new position in iShares U.S. Regional Banks ETF in the fourth quarter worth about $507,000. Truist Financial Corp lifted its holdings in iShares U.S. Regional Banks ETF by 27.6% in the fourth quarter. Truist Financial Corp now owns 109,413 shares of the company’s stock worth $5,510,000 after buying an additional 23,682 shares during the period. Finally, Bank Pictet & Cie Europe AG bought a new stake in iShares U.S. Regional Banks ETF during the 4th quarter valued at approximately $453,000.

iShares U.S. Regional Banks ETF Stock Performance

IAT stock opened at $47.49 on Friday. The company has a market capitalization of $750.34 million, a price-to-earnings ratio of 12.63 and a beta of 1.11. The business’s 50 day moving average price is $51.62 and its two-hundred day moving average price is $50.76. iShares U.S. Regional Banks ETF has a fifty-two week low of $38.75 and a fifty-two week high of $57.69.

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.