Gallagher Capital Advisors LLC Takes Position in iShares U.S. Regional Banks ETF $IAT

Gallagher Capital Advisors LLC purchased a new stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,469 shares of the company’s stock, valued at approximately $463,000. Gallagher Capital Advisors LLC owned 0.08% of iShares U.S. Regional Banks ETF as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Jones Financial Companies Lllp raised its position in shares of iShares U.S. Regional Banks ETF by 4.1% during the third quarter. Jones Financial Companies Lllp now owns 78,360 shares of the company’s stock valued at $4,164,000 after buying an additional 3,088 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in shares of iShares U.S. Regional Banks ETF by 34.4% during the third quarter. Thrivent Financial for Lutherans now owns 34,406 shares of the company’s stock worth $1,807,000 after purchasing an additional 8,801 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in iShares U.S. Regional Banks ETF during the 3rd quarter worth $74,000. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares U.S. Regional Banks ETF by 4.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 26,663 shares of the company’s stock valued at $1,383,000 after acquiring an additional 1,043 shares during the last quarter. Finally, First Horizon Corp acquired a new position in iShares U.S. Regional Banks ETF during the 3rd quarter valued at about $282,000.

iShares U.S. Regional Banks ETF Stock Down 0.7%

NYSEARCA:IAT opened at $62.37 on Tuesday. The firm has a market capitalization of $651.77 million, a P/E ratio of 12.39 and a beta of 0.96. The stock’s fifty day simple moving average is $56.88 and its 200-day simple moving average is $53.28. iShares U.S. Regional Banks ETF has a 12-month low of $38.30 and a 12-month high of $63.04.

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.