Sanctuary Advisors LLC Makes New $747,000 Investment in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Sanctuary Advisors LLC purchased a new position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,974 shares of the company’s stock, valued at approximately $747,000. Sanctuary Advisors LLC owned 0.10% of iShares U.S. Regional Banks ETF at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. bLong Financial LLC bought a new position in shares of iShares U.S. Regional Banks ETF during the fourth quarter worth $1,669,000. Ellis Investment Partners LLC bought a new position in shares of iShares U.S. Regional Banks ETF during the fourth quarter worth $290,000. Aveo Capital Partners LLC boosted its position in shares of iShares U.S. Regional Banks ETF by 12.5% during the fourth quarter. Aveo Capital Partners LLC now owns 7,908 shares of the company’s stock worth $398,000 after acquiring an additional 876 shares during the last quarter. Bank Pictet & Cie Europe AG bought a new position in shares of iShares U.S. Regional Banks ETF during the fourth quarter worth $453,000. Finally, Banque Pictet & Cie SA bought a new position in shares of iShares U.S. Regional Banks ETF during the fourth quarter worth $2,410,000.

iShares U.S. Regional Banks ETF Stock Performance

Shares of NYSEARCA:IAT opened at $51.19 on Friday. The firm has a fifty day moving average price of $51.71 and a 200 day moving average price of $50.60. iShares U.S. Regional Banks ETF has a fifty-two week low of $38.75 and a fifty-two week high of $57.69. The firm has a market cap of $737.14 million, a price-to-earnings ratio of 9.90 and a beta of 1.24.

iShares U.S. Regional Banks ETF Company 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.