iShares U.S. Regional Banks ETF (NYSEARCA:IAT) Stock Holdings Trimmed by Carret Asset Management LLC

Carret Asset Management LLC lessened its position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 14.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 25,005 shares of the company’s stock after selling 4,110 shares during the quarter. Carret Asset Management LLC’s holdings in iShares U.S. Regional Banks ETF were worth $1,259,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares U.S. Regional Banks ETF by 3.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 37,437 shares of the company’s stock worth $1,780,000 after buying an additional 1,358 shares during the last quarter. FMR LLC grew its position in iShares U.S. Regional Banks ETF by 54.4% during the 3rd quarter. FMR LLC now owns 1,762 shares of the company’s stock worth $84,000 after acquiring an additional 621 shares during the last quarter. Park Avenue Securities LLC acquired a new position in iShares U.S. Regional Banks ETF during the 4th quarter worth $507,000. Truist Financial Corp lifted its holdings in iShares U.S. Regional Banks ETF by 27.6% during the 4th quarter. Truist Financial Corp now owns 109,413 shares of the company’s stock worth $5,510,000 after buying an additional 23,682 shares in the last quarter. Finally, Bank Pictet & Cie Europe AG acquired a new position in shares of iShares U.S. Regional Banks ETF in the 4th quarter valued at $453,000.

iShares U.S. Regional Banks ETF Stock Down 1.4 %

IAT stock opened at $44.81 on Friday. The business’s fifty day moving average is $51.20 and its 200-day moving average is $50.75. The company has a market cap of $708.00 million, a P/E ratio of 12.63 and a beta of 1.11. iShares U.S. Regional Banks ETF has a twelve month low of $38.75 and a twelve month 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.