Simplex Trading LLC Sells 7,939 Shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Simplex Trading LLC lowered its position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 58.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,664 shares of the company’s stock after selling 7,939 shares during the quarter. Simplex Trading LLC’s holdings in iShares U.S. Regional Banks ETF were worth $236,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Atria Wealth Solutions Inc. boosted its position in shares of iShares U.S. Regional Banks ETF by 2.8% during the 4th quarter. Atria Wealth Solutions Inc. now owns 23,472 shares of the company’s stock valued at $982,000 after acquiring an additional 637 shares in the last quarter. Carret Asset Management LLC grew its stake in shares of iShares U.S. Regional Banks ETF by 2.8% in the 4th quarter. Carret Asset Management LLC now owns 39,965 shares of the company’s stock valued at $1,672,000 after purchasing an additional 1,090 shares during the period. Larson Financial Group LLC raised its holdings in shares of iShares U.S. Regional Banks ETF by 6.1% in the 4th quarter. Larson Financial Group LLC now owns 4,811 shares of the company’s stock worth $201,000 after buying an additional 276 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of iShares U.S. Regional Banks ETF during the 4th quarter worth approximately $252,000. Finally, TRUE Private Wealth Advisors acquired a new stake in iShares U.S. Regional Banks ETF in the 4th quarter valued at $212,000.

iShares U.S. Regional Banks ETF Price Performance

Shares of NYSEARCA:IAT opened at $42.75 on Thursday. The stock has a market capitalization of $615.60 million, a price-to-earnings ratio of 9.90 and a beta of 1.24. The business’s fifty day moving average price is $41.57 and its two-hundred day moving average price is $39.70. iShares U.S. Regional Banks ETF has a fifty-two week low of $29.92 and a fifty-two week high of $43.47.

iShares U.S. Regional Banks ETF 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.