Raymond James & Associates Increases Stock Holdings in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Raymond James & Associates increased its holdings in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 20.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,669 shares of the company’s stock after acquiring an additional 7,043 shares during the quarter. Raymond James & Associates owned about 0.21% of iShares U.S. Regional Banks ETF worth $1,743,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cetera Advisors LLC lifted its position in iShares U.S. Regional Banks ETF by 2.3% during the fourth quarter. Cetera Advisors LLC now owns 10,392 shares of the company’s stock valued at $495,000 after buying an additional 232 shares during the period. Covington Capital Management increased its holdings in shares of iShares U.S. Regional Banks ETF by 27.2% during the third quarter. Covington Capital Management now owns 1,170 shares of the company’s stock valued at $56,000 after acquiring an additional 250 shares in the last quarter. Creative Planning increased its holdings in shares of iShares U.S. Regional Banks ETF by 2.9% during the fourth quarter. Creative Planning now owns 10,622 shares of the company’s stock valued at $506,000 after acquiring an additional 304 shares in the last quarter. Centaurus Financial Inc. increased its holdings in shares of iShares U.S. Regional Banks ETF by 19.6% during the first quarter. Centaurus Financial Inc. now owns 2,184 shares of the company’s stock valued at $129,000 after acquiring an additional 358 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in iShares U.S. Regional Banks ETF by 6.2% in the 1st quarter. Cetera Investment Advisers now owns 6,862 shares of the company’s stock worth $404,000 after buying an additional 398 shares in the last quarter.

iShares U.S. Regional Banks ETF Stock Performance

NYSEARCA IAT opened at $39.60 on Thursday. iShares U.S. Regional Banks ETF has a one year low of $28.80 and a one year high of $43.47. The stock has a 50-day moving average of $41.06 and a 200 day moving average of $38.76. The company has a market capitalization of $801.90 million, a price-to-earnings ratio of 8.82 and a beta of 1.09.

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.