Thrivent Financial for Lutherans Grows Position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Thrivent Financial for Lutherans increased its holdings in iShares U.S. Regional Banks ETF (NYSEARCA:IAT – Get Rating) by 64.5% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 8,598 shares of the company’s stock after buying an additional 3,370 shares during the quarter. Thrivent Financial for Lutherans owned about 0.06% of iShares U.S. Regional Banks ETF worth $410,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Royal Bank of Canada grew its stake in shares of iShares U.S. Regional Banks ETF by 12.6% in the first quarter. Royal Bank of Canada now owns 314,691 shares of the company’s stock worth $18,542,000 after acquiring an additional 35,208 shares during the period. UBS Group AG raised its stake in iShares U.S. Regional Banks ETF by 98.1% during the 1st quarter. UBS Group AG now owns 267,757 shares of the company’s stock valued at $15,776,000 after buying an additional 132,582 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares U.S. Regional Banks ETF by 0.9% during the 4th quarter. LPL Financial LLC now owns 160,981 shares of the company’s stock valued at $7,669,000 after buying an additional 1,390 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of iShares U.S. Regional Banks ETF by 2.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 106,681 shares of the company’s stock worth $5,082,000 after buying an additional 3,002 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of iShares U.S. Regional Banks ETF by 37.6% in the 2nd quarter. Goldman Sachs Group Inc. now owns 76,025 shares of the company’s stock worth $3,747,000 after buying an additional 20,774 shares during the last quarter.

iShares U.S. Regional Banks ETF Stock Performance

iShares U.S. Regional Banks ETF stock opened at $32.82 on Friday. iShares U.S. Regional Banks ETF has a one year low of $28.80 and a one year high of $56.89. The stock has a fifty day moving average of $33.79 and a 200 day moving average of $43.83. The stock has a market cap of $733.53 million, a PE ratio of 10.67 and a beta of 1.09.

iShares U.S. Regional Banks ETF Company Profile

(Get Rating)

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.