Cetera Investment Advisers Has $1.27 Million Holdings in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Cetera Investment Advisers raised its position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 3.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 30,525 shares of the company’s stock after acquiring an additional 903 shares during the period. Cetera Investment Advisers owned approximately 0.21% of iShares U.S. Regional Banks ETF worth $1,266,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Cultivar Capital Inc. bought a new stake in iShares U.S. Regional Banks ETF during the second quarter worth $30,000. International Assets Investment Management LLC purchased a new position in iShares U.S. Regional Banks ETF during the second quarter worth about $56,000. EP Wealth Advisors LLC purchased a new position in shares of iShares U.S. Regional Banks ETF in the 4th quarter worth about $130,000. Woodmont Investment Counsel LLC purchased a new position in shares of iShares U.S. Regional Banks ETF in the 1st quarter worth about $152,000. Finally, PNC Financial Services Group Inc. lifted its stake in shares of iShares U.S. Regional Banks ETF by 16.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,861 shares of the company’s stock valued at $162,000 after acquiring an additional 534 shares during the last quarter.

iShares U.S. Regional Banks ETF Trading Up 1.4 %

NYSEARCA IAT opened at $50.27 on Thursday. iShares U.S. Regional Banks ETF has a 1-year low of $30.46 and a 1-year high of $50.84. The stock has a 50-day moving average of $47.06 and a 200-day moving average of $44.03. The firm has a market cap of $723.89 million, a PE 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.