iShares U.S. Regional Banks ETF $IAT Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 142.4% during the first quarter, Holdings Channel.com reports. The institutional investor owned 22,300 shares of the company’s stock after purchasing an additional 13,100 shares during the period. Renaissance Technologies LLC’s holdings in iShares U.S. Regional Banks ETF were worth $1,201,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Group One Trading LLC acquired a new stake in iShares U.S. Regional Banks ETF during the 1st quarter valued at approximately $25,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF in the fourth quarter worth $25,000. Headlands Technologies LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF in the second quarter worth $25,000. Kestra Advisory Services LLC purchased a new position in shares of iShares U.S. Regional Banks ETF during the fourth quarter worth $41,000. Finally, SHP Wealth Management purchased a new position in shares of iShares U.S. Regional Banks ETF during the fourth quarter worth $43,000.

iShares U.S. Regional Banks ETF Price Performance

NYSEARCA IAT opened at $65.33 on Friday. The company has a market capitalization of $692.50 million, a PE ratio of 12.39 and a beta of 0.88. The company has a fifty day moving average of $62.60 and a 200 day moving average of $58.90. iShares U.S. Regional Banks ETF has a 1 year low of $47.37 and a 1 year high of $65.75.

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.