bLong Financial LLC Buys New Holdings in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

bLong Financial LLC acquired a new position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 33,127 shares of the company’s stock, valued at approximately $1,669,000. iShares U.S. Regional Banks ETF accounts for 1.4% of bLong Financial LLC’s holdings, making the stock its 15th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Larson Financial Group LLC lifted its holdings in iShares U.S. Regional Banks ETF by 4.6% in 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 during the period. Creative Financial Designs Inc. ADV lifted its holdings in iShares U.S. Regional Banks ETF by 8.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 5,042 shares of the company’s stock worth $240,000 after buying an additional 396 shares during the period. FMR LLC lifted its stake in shares of 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 period. Global Trust Asset Management LLC purchased a new position in shares of iShares U.S. Regional Banks ETF in the 4th quarter valued at approximately $40,000. Finally, Farther Finance Advisors LLC purchased a new position in shares of iShares U.S. Regional Banks ETF in the 3rd quarter valued at approximately $39,000.

iShares U.S. Regional Banks ETF Stock Up 0.6 %

IAT stock opened at $52.36 on Friday. iShares U.S. Regional Banks ETF has a twelve month low of $38.75 and a twelve month high of $57.69. The firm 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 moving average of $51.96 and a 200 day moving average of $50.25.

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.