1858 Wealth Management LLC bought a new stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT – Free Report) during the 4th quarter, HoldingsChannel reports. The fund bought 19,975 shares of the company’s stock, valued at approximately $1,006,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Larson Financial Group LLC raised 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 buying an additional 251 shares in the last quarter. Creative Financial Designs Inc. ADV increased its stake in shares of 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 valued at $240,000 after acquiring an additional 396 shares during the period. Thrivent Financial for Lutherans raised its holdings in iShares U.S. Regional Banks ETF by 2.9% during the second quarter. Thrivent Financial for Lutherans now owns 15,585 shares of the company’s stock worth $646,000 after purchasing an additional 446 shares in the last quarter. FMR LLC lifted its position 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 purchasing an additional 621 shares during the period. Finally, Global Trust Asset Management LLC bought a new position in iShares U.S. Regional Banks ETF during the 4th quarter valued at $40,000.
iShares U.S. Regional Banks ETF Stock Up 1.4 %
NYSEARCA:IAT opened at $52.74 on Wednesday. The business’s 50-day moving average price is $52.45 and its 200 day moving average price is $49.99. iShares U.S. Regional Banks ETF has a 52-week low of $38.40 and a 52-week high of $57.69. The firm has a market cap of $759.46 million, a P/E ratio of 9.90 and a beta of 1.24.
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.
See Also
- Five stocks we like better than iShares U.S. Regional Banks ETF
- How to Calculate Options Profits
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- Why Invest in High-Yield Dividend Stocks?
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
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.
