Bank of America Corp DE Sells 375,502 Shares of iShares US Regional Banks ETF (NYSEARCA:IAT)

Bank of America Corp DE lowered its stake in shares of iShares US Regional Banks ETF (NYSEARCA:IATGet Rating) by 3.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,510,213 shares of the company’s stock after selling 375,502 shares during the quarter. Bank of America Corp DE owned approximately 49.92% of iShares US Regional Banks ETF worth $560,342,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in IAT. UBS Group AG lifted its position in iShares US 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 purchasing an additional 132,582 shares during the period. US Bancorp DE lifted its position in iShares US Regional Banks ETF by 28.7% during the 1st quarter. US Bancorp DE now owns 222,177 shares of the company’s stock valued at $13,092,000 after purchasing an additional 49,574 shares during the period. Truist Financial Corp lifted its position in iShares US Regional Banks ETF by 465.8% during the 1st quarter. Truist Financial Corp now owns 52,358 shares of the company’s stock valued at $3,085,000 after purchasing an additional 43,104 shares during the period. Atria Wealth Solutions Inc. acquired a new position in iShares US Regional Banks ETF during the 1st quarter valued at about $2,355,000. Finally, Cetera Advisor Networks LLC lifted its position in iShares US Regional Banks ETF by 469.0% during the 1st quarter. Cetera Advisor Networks LLC now owns 47,908 shares of the company’s stock valued at $2,823,000 after purchasing an additional 39,489 shares during the period.

iShares US Regional Banks ETF Stock Performance

iShares US Regional Banks ETF stock opened at $52.04 on Friday. iShares US Regional Banks ETF has a 1 year low of $47.50 and a 1 year high of $69.71. The company’s 50-day moving average is $52.60 and its two-hundred day moving average is $54.05.

See Also

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Institutional Ownership by Quarter for iShares US Regional Banks ETF (NYSEARCA:IAT)

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