iShares U.S. Regional Banks ETF $IAT Shares Sold by Trexquant Investment LP

Trexquant Investment LP lowered its stake in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 10.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,362 shares of the company’s stock after selling 527 shares during the quarter. Trexquant Investment LP’s holdings in iShares U.S. Regional Banks ETF were worth $203,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE grew its stake in shares of iShares U.S. Regional Banks ETF by 11.3% during the 4th quarter. Bank of America Corp DE now owns 558,641 shares of the company’s stock worth $28,133,000 after purchasing an additional 56,764 shares during the period. Royal Bank of Canada lifted its holdings in iShares U.S. Regional Banks ETF by 23.6% in the 4th quarter. Royal Bank of Canada now owns 329,872 shares of the company’s stock valued at $16,612,000 after purchasing an additional 62,886 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares U.S. Regional Banks ETF by 2.2% in the 1st quarter. LPL Financial LLC now owns 213,540 shares of the company’s stock valued at $9,957,000 after purchasing an additional 4,662 shares in the last quarter. MinichMacGregor Wealth Management LLC raised its holdings in shares of iShares U.S. Regional Banks ETF by 4.9% during the 1st quarter. MinichMacGregor Wealth Management LLC now owns 146,327 shares of the company’s stock worth $6,823,000 after acquiring an additional 6,837 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in shares of iShares U.S. Regional Banks ETF by 1.7% during the 1st quarter. Raymond James Financial Inc. now owns 128,261 shares of the company’s stock worth $5,981,000 after acquiring an additional 2,087 shares during the period.

iShares U.S. Regional Banks ETF Stock Up 0.1%

NYSEARCA IAT opened at $53.51 on Thursday. The firm has a market cap of $647.47 million, a PE ratio of 12.39 and a beta of 1.09. iShares U.S. Regional Banks ETF has a 52 week low of $38.30 and a 52 week high of $57.69. The business’s fifty day simple moving average is $51.93 and its 200-day simple moving average is $48.11.

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.