Stelac Advisory Services LLC acquired a new stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 8,994 shares of the company’s stock, valued at approximately $453,000.
Several other institutional investors have also recently bought and sold shares of IAT. Farther Finance Advisors LLC bought a new position in iShares U.S. Regional Banks ETF in the 3rd quarter valued at $39,000. Global Trust Asset Management LLC bought a new position in iShares U.S. Regional Banks ETF in the 4th quarter valued at $40,000. FMR LLC raised its position in iShares U.S. Regional Banks ETF by 54.4% in the 3rd quarter. FMR LLC now owns 1,762 shares of the company’s stock valued at $84,000 after purchasing an additional 621 shares during the last quarter. Safe Harbor Fiduciary LLC bought a new position in iShares U.S. Regional Banks ETF in the 3rd quarter valued at $157,000. Finally, Finley Financial LLC bought a new stake in shares of iShares U.S. Regional Banks ETF during the fourth quarter worth $158,000.
iShares U.S. Regional Banks ETF Stock Up 0.7 %
IAT stock opened at $45.44 on Thursday. The company has a market cap of $717.95 million, a P/E ratio of 12.63 and a beta of 1.11. iShares U.S. Regional Banks ETF has a twelve month low of $38.75 and a twelve month high of $57.69. The business has a fifty day moving average of $51.30 and a 200-day moving average of $50.79.
iShares U.S. Regional Banks ETF 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.
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