Sanctuary Advisors LLC Makes New $227,000 Investment in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Sanctuary Advisors LLC acquired a new position in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,446 shares of the company’s stock, valued at approximately $227,000.

Several other hedge funds have also made changes to their positions in the business. PNC Financial Services Group Inc. grew its stake in shares of iShares U.S. Regional Banks ETF by 16.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,861 shares of the company’s stock valued at $162,000 after purchasing an additional 534 shares during the last quarter. Game Plan Financial Advisors LLC lifted its stake in shares of iShares U.S. Regional Banks ETF by 23.8% in the 1st quarter. Game Plan Financial Advisors LLC now owns 4,950 shares of the company’s stock worth $215,000 after acquiring an additional 950 shares during the period. Woodmont Investment Counsel LLC purchased a new position in iShares U.S. Regional Banks ETF during the first quarter worth about $152,000. Abundance Wealth Counselors lifted its position in iShares U.S. Regional Banks ETF by 8.0% in the first quarter. Abundance Wealth Counselors now owns 99,312 shares of the company’s stock valued at $4,308,000 after purchasing an additional 7,384 shares during the period. Finally, Etfidea LLC lifted its position in iShares U.S. Regional Banks ETF by 27.3% in the first quarter. Etfidea LLC now owns 6,270 shares of the company’s stock valued at $272,000 after purchasing an additional 1,344 shares during the period.

iShares U.S. Regional Banks ETF Trading Down 0.6 %

NYSEARCA IAT opened at $50.18 on Friday. The business’s 50 day moving average is $47.29 and its two-hundred day moving average is $44.12. The stock has a market capitalization of $722.59 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 $30.46 and a 12-month high of $50.84.

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.