One Capital Management LLC Boosts Holdings in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

One Capital Management LLC raised its stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 22.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,201 shares of the company’s stock after acquiring an additional 1,125 shares during the quarter. One Capital Management LLC’s holdings in iShares U.S. Regional Banks ETF were worth $257,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Larson Financial Group LLC increased its holdings in iShares U.S. Regional Banks ETF by 5.7% in the 2nd quarter. Larson Financial Group LLC now owns 5,437 shares of the company’s stock worth $225,000 after acquiring an additional 292 shares during the last quarter. Game Plan Financial Advisors LLC increased its stake in shares of iShares U.S. Regional Banks ETF by 6.1% in the second quarter. Game Plan Financial Advisors LLC now owns 5,250 shares of the company’s stock worth $218,000 after purchasing an additional 300 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of iShares U.S. Regional Banks ETF by 16.1% in the fourth 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 period. KCM Investment Advisors LLC boosted its holdings in 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 worth $2,058,000 after buying an additional 720 shares during the period. Finally, Cultivar Capital Inc. purchased a new position in shares of iShares U.S. Regional Banks ETF in the second quarter valued at $30,000.

iShares U.S. Regional Banks ETF Stock Performance

Shares of IAT opened at $47.61 on Thursday. iShares U.S. Regional Banks ETF has a 52-week low of $30.46 and a 52-week high of $48.89. The stock’s 50-day simple moving average is $46.35 and its 200 day simple moving average is $43.17. The stock has a market capitalization of $685.58 million, a price-to-earnings ratio of 9.90 and a beta of 1.24.

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.