Park Avenue Securities LLC Takes $507,000 Position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Park Avenue Securities LLC bought a new position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,060 shares of the company’s stock, valued at approximately $507,000. Park Avenue Securities LLC owned approximately 0.07% of iShares U.S. Regional Banks ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Thrivent Financial for Lutherans raised its position in iShares U.S. Regional Banks ETF by 2.9% in the 2nd quarter. Thrivent Financial for Lutherans now owns 15,585 shares of the company’s stock valued at $646,000 after purchasing an additional 446 shares during the last quarter. Marshall Wace LLP bought a new position in shares of iShares U.S. Regional Banks ETF in the second quarter valued at about $273,000. MidWestOne Financial Group Inc. raised its holdings in shares of iShares U.S. Regional Banks ETF by 2.5% in the second quarter. MidWestOne Financial Group Inc. now owns 35,357 shares of the company’s stock valued at $1,466,000 after buying an additional 848 shares during the last quarter. Magnolia Capital Advisors LLC bought a new stake in iShares U.S. Regional Banks ETF during the 2nd quarter worth about $5,590,000. Finally, Cetera Investment Advisers increased its position in iShares U.S. Regional Banks ETF by 3.0% in the 2nd quarter. Cetera Investment Advisers now owns 30,525 shares of the company’s stock valued at $1,266,000 after acquiring an additional 903 shares in the last quarter.

iShares U.S. Regional Banks ETF Trading Down 0.0 %

Shares of IAT stock opened at $52.57 on Friday. iShares U.S. Regional Banks ETF has a 1 year low of $38.40 and a 1 year high of $57.69. The firm’s 50 day moving average is $52.81 and its 200-day moving average is $49.42. The firm has a market capitalization of $757.01 million, a price-to-earnings ratio of 9.90 and a beta of 1.24.

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.