Chicago Partners Investment Group LLC Acquires Shares of 4,977 iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Chicago Partners Investment Group LLC acquired a new stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,977 shares of the company’s stock, valued at approximately $209,000.

Other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC bought a new position in iShares U.S. Regional Banks ETF in the 4th quarter valued at $2,365,000. Sunbelt Securities Inc. purchased a new stake in shares of iShares U.S. Regional Banks ETF in the 3rd quarter worth $48,000. B. Riley Wealth Advisors Inc. lifted its holdings in shares of iShares U.S. Regional Banks ETF by 6.0% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 40,286 shares of the company’s stock worth $1,373,000 after buying an additional 2,275 shares during the period. Truist Financial Corp lifted its holdings in shares of iShares U.S. Regional Banks ETF by 36.5% in the 4th quarter. Truist Financial Corp now owns 298,938 shares of the company’s stock worth $12,508,000 after buying an additional 79,870 shares during the period. Finally, Raymond James & Associates lifted its holdings in shares of iShares U.S. Regional Banks ETF by 20.3% in the 4th quarter. Raymond James & Associates now owns 41,669 shares of the company’s stock worth $1,743,000 after buying an additional 7,043 shares during the period.

iShares U.S. Regional Banks ETF Trading Up 0.6 %

Shares of IAT stock opened at $39.95 on Wednesday. iShares U.S. Regional Banks ETF has a twelve month low of $30.46 and a twelve month high of $43.95. The stock has a market capitalization of $575.28 million, a price-to-earnings ratio of 9.90 and a beta of 1.24. The stock has a fifty day simple moving average of $41.39 and a two-hundred day simple moving average of $41.19.

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.