Westwind Capital Makes New $1.07 Million Investment in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Westwind Capital acquired a new stake in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 21,199 shares of the company’s stock, valued at approximately $1,068,000. iShares U.S. Regional Banks ETF comprises 0.2% of Westwind Capital’s holdings, making the stock its 29th largest position. Westwind Capital owned approximately 0.15% of iShares U.S. Regional Banks ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Larson Financial Group LLC increased its holdings in iShares U.S. Regional Banks ETF by 4.6% in the 3rd quarter. Larson Financial Group LLC now owns 5,688 shares of the company’s stock valued at $270,000 after buying an additional 251 shares during the period. Creative Financial Designs Inc. ADV increased its stake in iShares U.S. Regional Banks ETF by 8.5% in the third quarter. Creative Financial Designs Inc. ADV now owns 5,042 shares of the company’s stock valued at $240,000 after acquiring an additional 396 shares during the period. Thrivent Financial for Lutherans raised its position in iShares U.S. Regional Banks ETF by 2.9% in the second quarter. Thrivent Financial for Lutherans now owns 15,585 shares of the company’s stock worth $646,000 after purchasing an additional 446 shares in the last quarter. FMR LLC lifted its stake in iShares U.S. Regional Banks ETF by 54.4% during the third quarter. FMR LLC now owns 1,762 shares of the company’s stock worth $84,000 after purchasing an additional 621 shares during the period. Finally, Farther Finance Advisors LLC acquired a new stake in iShares U.S. Regional Banks ETF during the third quarter valued at approximately $39,000.

iShares U.S. Regional Banks ETF Trading Down 0.8 %

IAT stock traded down $0.40 during trading on Tuesday, hitting $50.60. The company had a trading volume of 415,137 shares, compared to its average volume of 288,771. The company has a fifty day moving average price of $52.95 and a two-hundred day moving average price of $48.56. 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 $728.64 million, a P/E 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.