Commonwealth Equity Services LLC Purchases 60,972 Shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Commonwealth Equity Services LLC raised its position in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 57.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 167,653 shares of the company’s stock after purchasing an additional 60,972 shares during the quarter. Commonwealth Equity Services LLC owned 0.75% of iShares U.S. Regional Banks ETF worth $6,000,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Cetera Advisors LLC grew its position in shares of iShares U.S. Regional Banks ETF by 2.3% during the fourth quarter. Cetera Advisors LLC now owns 10,392 shares of the company’s stock worth $495,000 after purchasing an additional 232 shares in the last quarter. Covington Capital Management boosted its stake in iShares U.S. Regional Banks ETF by 27.2% in the 3rd quarter. Covington Capital Management now owns 1,170 shares of the company’s stock worth $56,000 after purchasing an additional 250 shares during the period. Creative Planning grew its holdings in iShares U.S. Regional Banks ETF by 2.9% during the 4th quarter. Creative Planning now owns 10,622 shares of the company’s stock valued at $506,000 after buying an additional 304 shares in the last quarter. Centaurus Financial Inc. raised its position in shares of iShares U.S. Regional Banks ETF by 19.6% during the first quarter. Centaurus Financial Inc. now owns 2,184 shares of the company’s stock valued at $129,000 after buying an additional 358 shares during the last quarter. Finally, Chicago Partners Investment Group LLC lifted its holdings in shares of iShares U.S. Regional Banks ETF by 7.3% in the fourth quarter. Chicago Partners Investment Group LLC now owns 5,423 shares of the company’s stock worth $290,000 after buying an additional 369 shares in the last quarter.

iShares U.S. Regional Banks ETF Stock Performance

Shares of NYSEARCA:IAT opened at $35.66 on Friday. The firm has a market cap of $722.12 million, a price-to-earnings ratio of 8.82 and a beta of 1.09. The firm has a fifty day moving average price of $36.16 and a 200 day moving average price of $36.97. iShares U.S. Regional Banks ETF has a fifty-two week low of $28.80 and a fifty-two week high of $54.60.

iShares U.S. Regional Banks ETF Company 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.