iShares U.S. Regional Banks ETF $IAT Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its stake in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 4.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 375,804 shares of the company’s stock after purchasing an additional 15,185 shares during the quarter. JPMorgan Chase & Co. owned 3.37% of iShares U.S. Regional Banks ETF worth $19,741,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Advisory Services Network LLC raised its position in iShares U.S. Regional Banks ETF by 42.8% during the 2nd quarter. Advisory Services Network LLC now owns 56,828 shares of the company’s stock worth $2,850,000 after buying an additional 17,031 shares during the last quarter. Gallagher Capital Advisors LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF in the 3rd quarter worth $463,000. Thrivent Financial for Lutherans boosted its holdings in shares of iShares U.S. Regional Banks ETF by 34.4% in the third quarter. Thrivent Financial for Lutherans now owns 34,406 shares of the company’s stock valued at $1,807,000 after acquiring an additional 8,801 shares in the last quarter. Invested Advisors purchased a new stake in shares of iShares U.S. Regional Banks ETF in the third quarter valued at about $449,000. Finally, Park Avenue Securities LLC increased its stake in shares of iShares U.S. Regional Banks ETF by 10.4% during the third quarter. Park Avenue Securities LLC now owns 12,372 shares of the company’s stock worth $650,000 after acquiring an additional 1,163 shares during the period.

iShares U.S. Regional Banks ETF Stock Up 1.0%

NYSEARCA IAT opened at $53.20 on Wednesday. The stock has a market capitalization of $555.94 million, a P/E ratio of 12.39 and a beta of 0.96. iShares U.S. Regional Banks ETF has a 52-week low of $38.30 and a 52-week high of $63.04. The firm has a 50-day moving average price of $57.16 and a 200 day moving average price of $54.26.

iShares U.S. Regional Banks ETF Company 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.