US Bancorp DE Cuts Stock Position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

US Bancorp DE cut its holdings in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 2.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 382,388 shares of the company’s stock after selling 9,084 shares during the quarter. US Bancorp DE’s holdings in iShares U.S. Regional Banks ETF were worth $15,999,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Signaturefd LLC bought a new position in iShares U.S. Regional Banks ETF during the third quarter valued at about $26,000. Sowell Financial Services LLC purchased a new position in iShares U.S. Regional Banks ETF in the third quarter valued at about $478,000. KCM Investment Advisors LLC grew its position in shares of iShares U.S. Regional Banks ETF by 3.0% during the 3rd quarter. KCM Investment Advisors LLC now owns 45,351 shares of the company’s stock valued at $1,524,000 after acquiring an additional 1,328 shares during the period. Synovus Financial Corp increased its stake in shares of iShares U.S. Regional Banks ETF by 7.2% during the 3rd quarter. Synovus Financial Corp now owns 9,948 shares of the company’s stock worth $334,000 after purchasing an additional 664 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of iShares U.S. Regional Banks ETF by 303.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 35,167 shares of the company’s stock worth $1,182,000 after purchasing an additional 26,461 shares during the period.

iShares U.S. Regional Banks ETF Trading Up 1.0 %

iShares U.S. Regional Banks ETF stock opened at $41.90 on Friday. The business’s 50 day simple moving average is $41.95 and its 200 day simple moving average is $40.58. iShares U.S. Regional Banks ETF has a 12 month low of $30.46 and a 12 month high of $43.95. The company has a market cap of $603.36 million, a price-to-earnings ratio of 9.90 and a beta of 1.24.

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.