EP Wealth Advisors LLC Acquires New Position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

EP Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,100 shares of the company’s stock, valued at approximately $130,000.

Other institutional investors have also modified their holdings of the company. Wells Fargo & Company MN grew its position in iShares U.S. Regional Banks ETF by 5.3% in the 4th quarter. Wells Fargo & Company MN now owns 343,389 shares of the company’s stock worth $14,367,000 after purchasing an additional 17,169 shares during the last quarter. Truist Financial Corp grew its position in iShares U.S. Regional Banks ETF by 36.5% in the 4th quarter. Truist Financial Corp now owns 298,938 shares of the company’s stock worth $12,508,000 after purchasing an additional 79,870 shares during the last quarter. BNP Paribas Financial Markets grew its position in iShares U.S. Regional Banks ETF by 238.7% in the 4th quarter. BNP Paribas Financial Markets now owns 149,022 shares of the company’s stock worth $6,235,000 after purchasing an additional 105,022 shares during the last quarter. Abundance Wealth Counselors grew its position in iShares U.S. Regional Banks ETF by 6.4% in the 4th quarter. Abundance Wealth Counselors now owns 91,928 shares of the company’s stock worth $3,846,000 after purchasing an additional 5,509 shares during the last quarter. Finally, Crestwood Advisors Group LLC bought a new position in iShares U.S. Regional Banks ETF in the 3rd quarter worth about $2,983,000.

iShares U.S. Regional Banks ETF Trading Up 0.1 %

NYSEARCA IAT opened at $39.98 on Friday. iShares U.S. Regional Banks ETF has a 52 week low of $30.46 and a 52 week high of $43.95. The stock has a market cap of $575.71 million, a price-to-earnings ratio of 9.90 and a beta of 1.24. The company has a 50-day moving average price of $41.35 and a two-hundred day moving average price of $41.18.

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.