Park Avenue Securities LLC Has $555,000 Stock Holdings in iShares U.S. Regional Banks ETF $IAT

Park Avenue Securities LLC grew its stake in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 3.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,209 shares of the company’s stock after purchasing an additional 408 shares during the quarter. Park Avenue Securities LLC owned about 0.09% of iShares U.S. Regional Banks ETF worth $555,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Golden State Wealth Management LLC increased its holdings in iShares U.S. Regional Banks ETF by 101.4% during the first quarter. Golden State Wealth Management LLC now owns 564 shares of the company’s stock worth $26,000 after buying an additional 284 shares during the last quarter. Spire Wealth Management increased its stake in shares of iShares U.S. Regional Banks ETF by 1,236.1% during the 1st quarter. Spire Wealth Management now owns 1,109 shares of the company’s stock worth $52,000 after purchasing an additional 1,026 shares during the last quarter. MAI Capital Management increased its stake in shares of iShares U.S. Regional Banks ETF by 21.6% during the 1st quarter. MAI Capital Management now owns 1,216 shares of the company’s stock worth $57,000 after purchasing an additional 216 shares during the last quarter. Garde Capital Inc. bought a new stake in shares of iShares U.S. Regional Banks ETF in the 1st quarter valued at about $66,000. Finally, Farther Finance Advisors LLC lifted its stake in iShares U.S. Regional Banks ETF by 75.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,530 shares of the company’s stock valued at $76,000 after purchasing an additional 660 shares during the last quarter.

iShares U.S. Regional Banks ETF Stock Performance

iShares U.S. Regional Banks ETF stock opened at $53.14 on Monday. The stock has a 50-day simple moving average of $52.20 and a 200 day simple moving average of $48.52. The stock has a market capitalization of $642.99 million, a P/E 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.

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.