iShares U.S. Regional Banks ETF (NYSEARCA:IAT) Shares Sold by Edge Capital Group LLC

Edge Capital Group LLC lowered its stake in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 11.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,584 shares of the company’s stock after selling 7,495 shares during the quarter. Edge Capital Group LLC owned 0.41% of iShares U.S. Regional Banks ETF worth $2,470,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in IAT. Cambridge Investment Research Advisors Inc. grew its holdings in iShares U.S. Regional Banks ETF by 81.9% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 66,374 shares of the company’s stock worth $2,777,000 after acquiring an additional 29,884 shares in the last quarter. Kingsview Wealth Management LLC increased its holdings in iShares U.S. Regional Banks ETF by 87.5% in the first quarter. Kingsview Wealth Management LLC now owns 58,423 shares of the company’s stock valued at $2,534,000 after buying an additional 27,257 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in iShares U.S. Regional Banks ETF by 5.3% during the 4th quarter. Wells Fargo & Company MN now owns 343,389 shares of the company’s stock worth $14,367,000 after buying an additional 17,169 shares during the last quarter. Aveo Capital Partners LLC lifted its holdings in iShares U.S. Regional Banks ETF by 25.2% during the 4th quarter. Aveo Capital Partners LLC now owns 42,193 shares of the company’s stock worth $1,765,000 after buying an additional 8,496 shares during the last quarter. Finally, Jones Financial Companies Lllp acquired a new position in shares of iShares U.S. Regional Banks ETF during the 4th quarter worth about $327,000.

iShares U.S. Regional Banks ETF Stock Down 1.1 %

IAT stock opened at $48.38 on Friday. The stock has a market cap of $696.67 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 $30.46 and a fifty-two week high of $48.99. The business has a 50 day moving average price of $46.65 and a 200 day moving average price of $43.30.

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.