International Assets Investment Management LLC Has $3.08 Million Holdings in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

International Assets Investment Management LLC grew its holdings in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 4,667.4% during the third quarter, HoldingsChannel.com reports. The firm owned 64,693 shares of the company’s stock after acquiring an additional 63,336 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares U.S. Regional Banks ETF were worth $3,076,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Cadent Capital Advisors LLC acquired a new position in shares of iShares U.S. Regional Banks ETF during the 3rd quarter worth approximately $1,409,000. Heritage Wealth Management Inc. acquired a new position in shares of iShares U.S. Regional Banks ETF during the 2nd quarter worth approximately $728,000. Sanctuary Advisors LLC acquired a new position in shares of iShares U.S. Regional Banks ETF during the 2nd quarter worth approximately $227,000. Cetera Investment Advisers grew its position in shares of iShares U.S. Regional Banks ETF by 3.0% during the 2nd quarter. Cetera Investment Advisers now owns 30,525 shares of the company’s stock worth $1,266,000 after purchasing an additional 903 shares in the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new position in shares of iShares U.S. Regional Banks ETF during the 2nd quarter worth approximately $5,590,000.

iShares U.S. Regional Banks ETF Stock Down 0.7 %

Shares of NYSEARCA:IAT opened at $49.25 on Friday. The company’s 50 day moving average price is $48.01 and its two-hundred day moving average price is $44.68. iShares U.S. Regional Banks ETF has a 12-month low of $32.12 and a 12-month high of $50.84. The firm has a market cap of $709.20 million, a PE ratio of 9.90 and a beta of 1.24.

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.