iShares U.S. Regional Banks ETF (NYSEARCA:IAT) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 3.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,437 shares of the company’s stock after acquiring an additional 1,358 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.26% of iShares U.S. Regional Banks ETF worth $1,780,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new position in iShares U.S. Regional Banks ETF during the 3rd quarter valued at about $39,000. FMR LLC boosted its stake in shares of 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 purchasing an additional 621 shares during the period. Safe Harbor Fiduciary LLC acquired a new position in shares of iShares U.S. Regional Banks ETF in the third quarter valued at approximately $157,000. LRI Investments LLC purchased a new stake in iShares U.S. Regional Banks ETF during the 3rd quarter worth approximately $212,000. Finally, Creative Financial Designs Inc. ADV lifted its holdings in iShares U.S. Regional Banks ETF by 8.5% during 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 in the last quarter.

iShares U.S. Regional Banks ETF Stock Performance

IAT stock opened at $51.38 on Wednesday. The company’s 50 day moving average price is $53.03 and its 200 day moving average price is $48.91. The firm has a market capitalization of $739.87 million, a price-to-earnings ratio of 9.90 and a beta of 1.24. iShares U.S. Regional Banks ETF has a fifty-two week low of $38.40 and a fifty-two week high of $57.69.

About iShares U.S. Regional Banks ETF

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.