Crestwood Advisors Group LLC Has $2.55 Million Stock Holdings in iShares U.S. Regional Banks ETF $IAT

Crestwood Advisors Group LLC lessened its holdings in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 2.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,532 shares of the company’s stock after selling 1,025 shares during the period. Crestwood Advisors Group LLC owned about 0.43% of iShares U.S. Regional Banks ETF worth $2,553,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of IAT. Envestnet Asset Management Inc. boosted its position in shares of iShares U.S. Regional Banks ETF by 151.8% in the first quarter. Envestnet Asset Management Inc. now owns 76,017 shares of the company’s stock worth $3,545,000 after buying an additional 45,823 shares during the period. Family Firm Inc. boosted its position in shares of iShares U.S. Regional Banks ETF by 3.2% in the first quarter. Family Firm Inc. now owns 30,155 shares of the company’s stock worth $1,406,000 after buying an additional 925 shares during the period. CWM LLC boosted its position in shares of iShares U.S. Regional Banks ETF by 23.5% in the first quarter. CWM LLC now owns 20,362 shares of the company’s stock worth $949,000 after buying an additional 3,876 shares during the period. Larson Financial Group LLC boosted its position in shares of iShares U.S. Regional Banks ETF by 4.0% in the first quarter. Larson Financial Group LLC now owns 5,882 shares of the company’s stock worth $274,000 after buying an additional 225 shares during the period. Finally, Kestra Private Wealth Services LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF in the first quarter worth $347,000.

iShares U.S. Regional Banks ETF Stock Up 0.9%

Shares of iShares U.S. Regional Banks ETF stock opened at $49.72 on Thursday. The stock has a market cap of $554.38 million, a PE ratio of 12.39 and a beta of 0.96. The business has a fifty day simple moving average of $51.73 and a 200-day simple moving average of $49.78. iShares U.S. Regional Banks ETF has a 12 month low of $38.30 and a 12 month 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.