AMJ Financial Wealth Management Boosts Stock Holdings in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

AMJ Financial Wealth Management boosted its position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 32.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,818 shares of the company’s stock after buying an additional 3,870 shares during the quarter. AMJ Financial Wealth Management owned approximately 0.11% of iShares U.S. Regional Banks ETF worth $797,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its holdings in iShares U.S. Regional Banks ETF by 3.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 37,437 shares of the company’s stock worth $1,780,000 after acquiring an additional 1,358 shares during the last quarter. FMR LLC boosted its position in iShares U.S. Regional Banks ETF by 54.4% during the third quarter. FMR LLC now owns 1,762 shares of the company’s stock worth $84,000 after purchasing an additional 621 shares during the period. Park Avenue Securities LLC purchased a new position in shares of iShares U.S. Regional Banks ETF in the fourth quarter worth about $507,000. Truist Financial Corp raised its position in shares of iShares U.S. Regional Banks ETF by 27.6% in the fourth quarter. Truist Financial Corp now owns 109,413 shares of the company’s stock valued at $5,510,000 after purchasing an additional 23,682 shares during the period. Finally, Bank Pictet & Cie Europe AG bought a new stake in shares of iShares U.S. Regional Banks ETF in the fourth quarter valued at approximately $453,000.

iShares U.S. Regional Banks ETF Trading Down 1.6 %

IAT opened at $50.38 on Tuesday. iShares U.S. Regional Banks ETF has a 12 month low of $38.75 and a 12 month high of $57.69. The company has a market cap of $725.47 million, a PE ratio of 9.90 and a beta of 1.24. The company has a 50 day moving average of $51.73 and a 200 day moving average of $50.73.

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.