FourThought Financial LLC Increases Stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

FourThought Financial LLC increased its position in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT – Get Rating) by 114.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,065 shares of the company’s stock after buying an additional 1,100 shares during the period. FourThought Financial LLC’s holdings in iShares U.S. Regional Banks ETF were worth $99,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada increased its stake in shares of iShares U.S. Regional Banks ETF by 12.6% during the first quarter. Royal Bank of Canada now owns 314,691 shares of the company’s stock valued at $18,542,000 after buying an additional 35,208 shares during the period. UBS Group AG grew its stake in iShares U.S. Regional Banks ETF by 98.1% in the first quarter. UBS Group AG now owns 267,757 shares of the company’s stock valued at $15,776,000 after purchasing an additional 132,582 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in iShares U.S. Regional Banks ETF by 37.6% in the second quarter. Goldman Sachs Group Inc. now owns 76,025 shares of the company’s stock valued at $3,747,000 after purchasing an additional 20,774 shares during the last quarter. Martin & Co. Inc. TN grew its stake in iShares U.S. Regional Banks ETF by 1.7% in the third quarter. Martin & Co. Inc. TN now owns 69,648 shares of the company’s stock valued at $3,326,000 after purchasing an additional 1,196 shares during the last quarter. Finally, Truist Financial Corp grew its stake in iShares U.S. Regional Banks ETF by 5.0% in the third quarter. Truist Financial Corp now owns 53,519 shares of the company’s stock valued at $2,555,000 after purchasing an additional 2,551 shares during the last quarter.

iShares U.S. Regional Banks ETF Price Performance

IAT opened at $33.70 on Friday. The business’s 50-day moving average is $49.08 and its two-hundred day moving average is $49.40. iShares U.S. Regional Banks ETF has a 1 year low of $33.05 and a 1 year high of $63.37. The firm has a market capitalization of $478.54 million, a PE ratio of 10.67 and a beta of 1.12.

iShares U.S. Regional Banks ETF Profile

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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.