iShares U.S. Regional Banks ETF $IAT Shares Newly Bought by Lido Advisors LLC

Lido Advisors LLC purchased a new stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 190,293 shares of the company’s stock, valued at approximately $10,889,000. Lido Advisors LLC owned 1.80% of iShares U.S. Regional Banks ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in IAT. CoreCap Advisors LLC lifted its holdings in shares of iShares U.S. Regional Banks ETF by 10.9% in the 3rd quarter. CoreCap Advisors LLC now owns 1,889 shares of the company’s stock worth $108,000 after acquiring an additional 185 shares during the last quarter. NewEdge Advisors LLC increased its holdings in iShares U.S. Regional Banks ETF by 16.0% in the 2nd quarter. NewEdge Advisors LLC now owns 2,250 shares of the company’s stock valued at $140,000 after purchasing an additional 310 shares during the last quarter. Group One Trading LLC purchased a new stake in iShares U.S. Regional Banks ETF in the first quarter valued at approximately $25,000. Breakwater Capital Group raised its position in iShares U.S. Regional Banks ETF by 12.0% in the second quarter. Breakwater Capital Group now owns 5,552 shares of the company’s stock valued at $345,000 after purchasing an additional 594 shares during the period. Finally, International Assets Investment Management LLC raised its position in iShares U.S. Regional Banks ETF by 75.2% in the first quarter. International Assets Investment Management LLC now owns 1,785 shares of the company’s stock valued at $97,000 after purchasing an additional 766 shares during the period.

iShares U.S. Regional Banks ETF Stock Up 0.1%

NYSEARCA:IAT opened at $60.63 on Thursday. The stock’s fifty day moving average is $59.33 and its two-hundred day moving average is $59.27. iShares U.S. Regional Banks ETF has a 52 week low of $48.15 and a 52 week high of $66.15. The stock has a market capitalization of $645.71 million, a price-to-earnings ratio of 12.39 and a beta of 0.91.

About iShares U.S. Regional Banks ETF

The iShares U.S. Regional Banks ETF (IAT) seeks to track the investment results of the Dow Jones U.S. Select Regional Banks Index. The fund provides targeted exposure to small- and mid-sized U.S. banks. The index uses a float-adjusted market-capitalization weighting methodology, meaning larger holdings have a greater influence on performance. Launched on May 1, 2006, the fund is managed by BlackRock Fund Advisors.