iShares U.S. Regional Banks ETF $IAT Shares Sold by Truist Financial Corp

Truist Financial Corp trimmed its holdings in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 13.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 142,066 shares of the company’s stock after selling 22,105 shares during the period. Truist Financial Corp owned 1.18% of iShares U.S. Regional Banks ETF worth $7,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in IAT. Park Avenue Securities LLC lifted its stake in iShares U.S. Regional Banks ETF by 3.8% during the second quarter. Park Avenue Securities LLC now owns 11,209 shares of the company’s stock worth $555,000 after purchasing an additional 408 shares during the last quarter. Orrstown Financial Services Inc. purchased a new stake in shares of iShares U.S. Regional Banks ETF during the 2nd quarter worth approximately $277,000. Farther Finance Advisors LLC boosted its holdings in shares of 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 buying an additional 660 shares in the last quarter. Westwind Capital boosted its holdings in shares of iShares U.S. Regional Banks ETF by 12.4% in the 2nd quarter. Westwind Capital now owns 39,538 shares of the company’s stock valued at $1,959,000 after buying an additional 4,373 shares in the last quarter. Finally, Kingstone Capital Partners Texas LLC grew its position in shares of iShares U.S. Regional Banks ETF by 277,595.2% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 24,248,343 shares of the company’s stock valued at $1,115,335,000 after buying an additional 24,239,611 shares during the last quarter.

iShares U.S. Regional Banks ETF Price Performance

Shares of NYSEARCA:IAT opened at $52.17 on Tuesday. iShares U.S. Regional Banks ETF has a 12 month low of $38.30 and a 12 month high of $57.69. The firm has a market capitalization of $662.56 million, a P/E ratio of 12.39 and a beta of 1.09. The company’s fifty day moving average price is $52.24 and its 200 day moving average price is $48.77.

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.