iShares U.S. Regional Banks ETF (NYSEARCA:IAT) Shares Sold by CX Institutional

CX Institutional lessened its stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 9.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 53,882 shares of the company’s stock after selling 5,922 shares during the quarter. CX Institutional’s holdings in iShares U.S. Regional Banks ETF were worth $2,714,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Apeiron RIA LLC acquired a new position in iShares U.S. Regional Banks ETF in the fourth quarter valued at approximately $599,000. MinichMacGregor Wealth Management LLC purchased a new position in shares of iShares U.S. Regional Banks ETF during the 4th quarter valued at approximately $7,025,000. Janney Montgomery Scott LLC acquired a new position in shares of iShares U.S. Regional Banks ETF in the 4th quarter valued at $1,234,000. Finley Financial LLC purchased a new stake in iShares U.S. Regional Banks ETF during the fourth quarter worth $158,000. Finally, Global Trust Asset Management LLC acquired a new stake in iShares U.S. Regional Banks ETF during the fourth quarter valued at $40,000.

iShares U.S. Regional Banks ETF Stock Performance

Shares of iShares U.S. Regional Banks ETF stock opened at $53.02 on Friday. iShares U.S. Regional Banks ETF has a fifty-two week low of $38.40 and a fifty-two week high of $57.69. The company has a market cap of $763.49 million, a P/E ratio of 9.90 and a beta of 1.24. The firm has a 50-day simple moving average of $52.79 and a two-hundred day simple moving average of $49.51.

About iShares U.S. Regional Banks ETF

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.