iShares U.S. Regional Banks ETF (NYSEARCA:IAT) Shares Bought by KCM Investment Advisors LLC

KCM Investment Advisors LLC grew its position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 4.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,224 shares of the company’s stock after purchasing an additional 2,462 shares during the period. KCM Investment Advisors LLC owned approximately 0.38% of iShares U.S. Regional Banks ETF worth $2,731,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Global Trust Asset Management LLC acquired a new stake in iShares U.S. Regional Banks ETF in the 4th quarter valued at $40,000. FMR LLC grew its stake in shares of iShares U.S. Regional Banks ETF by 54.4% in the third quarter. FMR LLC now owns 1,762 shares of the company’s stock valued at $84,000 after buying an additional 621 shares in the last quarter. Finley Financial LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF in the fourth quarter valued at about $158,000. PNC Financial Services Group Inc. raised its holdings in shares of iShares U.S. Regional Banks ETF by 38.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,409 shares of the company’s stock valued at $172,000 after buying an additional 940 shares during the period. Finally, LRI Investments LLC acquired a new position in iShares U.S. Regional Banks ETF during the 3rd quarter worth approximately $212,000.

iShares U.S. Regional Banks ETF Stock Down 4.6 %

Shares of NYSEARCA:IAT opened at $40.05 on Friday. The company has a market capitalization of $626.78 million, a price-to-earnings ratio of 12.08 and a beta of 1.11. The company has a 50 day moving average of $49.28 and a two-hundred day moving average of $50.58. iShares U.S. Regional Banks ETF has a 52-week low of $38.56 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.