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

Farther Finance Advisors LLC bought a new position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) in the third quarter, according to its most recent filing with the SEC. The firm bought 820 shares of the company’s stock, valued at approximately $39,000.

Several other large investors also recently bought and sold shares of the stock. Magnolia Capital Advisors LLC purchased a new position in shares of iShares U.S. Regional Banks ETF in the second quarter worth about $5,590,000. Gimbal Financial purchased a new position in iShares U.S. Regional Banks ETF during the 3rd quarter worth approximately $4,280,000. International Assets Investment Management LLC raised its position in iShares U.S. Regional Banks ETF by 4,667.4% during the 3rd quarter. International Assets Investment Management LLC now owns 64,693 shares of the company’s stock worth $3,076,000 after buying an additional 63,336 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in iShares U.S. Regional Banks ETF by 87.5% during the 1st quarter. Kingsview Wealth Management LLC now owns 58,423 shares of the company’s stock valued at $2,534,000 after acquiring an additional 27,257 shares during the period. Finally, KCM Investment Advisors LLC boosted its holdings in shares of iShares U.S. Regional Banks ETF by 1.5% in the 2nd quarter. KCM Investment Advisors LLC now owns 49,649 shares of the company’s stock valued at $2,058,000 after acquiring an additional 720 shares during the last quarter.

iShares U.S. Regional Banks ETF Price Performance

Shares of iShares U.S. Regional Banks ETF stock opened at $54.45 on Friday. The stock has a market cap of $784.08 million, a PE ratio of 9.90 and a beta of 1.24. The firm has a fifty day moving average price of $48.96 and a 200 day moving average price of $45.45. iShares U.S. Regional Banks ETF has a 1 year low of $35.41 and a 1 year high of $55.84.

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.