Raymond James Financial Services Advisors Inc. Sells 18,070 Shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Raymond James Financial Services Advisors Inc. lessened its holdings in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IATGet Rating) by 34.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 33,829 shares of the company’s stock after selling 18,070 shares during the period. Raymond James Financial Services Advisors Inc. owned 0.24% of iShares U.S. Regional Banks ETF worth $1,612,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IAT. Patten & Patten Inc. TN lifted its position in iShares U.S. Regional Banks ETF by 5.0% during the 4th quarter. Patten & Patten Inc. TN now owns 10,065 shares of the company’s stock valued at $479,000 after purchasing an additional 480 shares during the period. Patriot Financial Group Insurance Agency LLC boosted its stake in iShares U.S. Regional Banks ETF by 16.6% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 4,938 shares of the company’s stock valued at $235,000 after acquiring an additional 702 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in iShares U.S. Regional Banks ETF by 13.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 27,975 shares of the company’s stock worth $1,336,000 after acquiring an additional 3,268 shares during the period. Summit Financial Wealth Advisors LLC bought a new stake in shares of iShares U.S. Regional Banks ETF during the 4th quarter valued at $838,000. Finally, Martin & Co. Inc. TN lifted its stake in shares of iShares U.S. Regional Banks ETF by 2.7% in the 4th quarter. Martin & Co. Inc. TN now owns 71,515 shares of the company’s stock valued at $3,407,000 after purchasing an additional 1,867 shares during the period.

iShares U.S. Regional Banks ETF Stock Down 0.6 %

Shares of iShares U.S. Regional Banks ETF stock opened at $32.82 on Friday. The business has a fifty day simple moving average of $33.79 and a 200 day simple 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 has a 12 month low of $28.80 and a 12 month high of $56.89.

About iShares U.S. Regional Banks ETF

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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.

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Institutional Ownership by Quarter for iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

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