iShares U.S. Regional Banks ETF (NYSEARCA:IAT – Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 329,381 shares traded hands during mid-day trading, an increase of 16% from the previous session’s volume of 283,861 shares.The stock last traded at $47.52 and had previously closed at $47.61.
iShares U.S. Regional Banks ETF Stock Up 0.7 %
The business has a 50-day simple moving average of $50.54 and a 200-day simple moving average of $50.68. The company has a market cap of $750.26 million, a PE ratio of 12.08 and a beta of 1.11.
Institutional Trading of iShares U.S. Regional Banks ETF
Several hedge funds have recently added to or reduced their stakes in IAT. Larson Financial Group LLC boosted its position in shares of iShares U.S. Regional Banks ETF by 4.6% during the 3rd quarter. Larson Financial Group LLC now owns 5,688 shares of the company’s stock worth $270,000 after acquiring an additional 251 shares in the last quarter. Comerica Bank increased its stake in iShares U.S. Regional Banks ETF by 13.8% in the fourth quarter. Comerica Bank now owns 4,911 shares of the company’s stock valued at $247,000 after purchasing an additional 595 shares during the last quarter. FMR LLC increased 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 valued at $84,000 after purchasing an additional 621 shares during the last quarter. Spectrum Wealth Counsel LLC lifted its position in iShares U.S. Regional Banks ETF by 1.1% in the fourth quarter. Spectrum Wealth Counsel LLC now owns 66,349 shares of the company’s stock valued at $3,341,000 after acquiring an additional 694 shares during the last quarter. Finally, Global Trust Asset Management LLC purchased a new stake in shares of iShares U.S. Regional Banks ETF in the 4th quarter valued at about $40,000.
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.
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