Gimbal Financial Increases Stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Gimbal Financial lifted its holdings in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IATFree Report) by 1.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 87,825 shares of the company’s stock after purchasing an additional 1,363 shares during the period. iShares U.S. Regional Banks ETF comprises 3.6% of Gimbal Financial’s portfolio, making the stock its 8th largest holding. Gimbal Financial’s holdings in iShares U.S. Regional Banks ETF were worth $4,423,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new stake in shares of iShares U.S. Regional Banks ETF during the third quarter worth $39,000. Global Trust Asset Management LLC bought a new position in iShares U.S. Regional Banks ETF in the fourth quarter valued at about $40,000. FMR LLC boosted its holdings 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 acquiring 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 third quarter valued at about $157,000. Finally, Finley Financial LLC bought a new position in iShares U.S. Regional Banks ETF in the fourth quarter valued at about $158,000.

iShares U.S. Regional Banks ETF Stock Up 1.2 %

iShares U.S. Regional Banks ETF stock opened at $52.97 on Wednesday. The business’s 50-day simple moving average is $51.90 and its 200 day simple moving average is $50.36. The stock has a market cap of $762.77 million, a price-to-earnings ratio of 9.90 and a beta of 1.24. iShares U.S. Regional Banks ETF has a 12-month low of $38.75 and a 12-month high of $57.69.

iShares U.S. Regional Banks ETF Profile

(Free Report)

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.

Further Reading

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:IATFree Report).

Institutional Ownership by Quarter for iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

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