JPMorgan Chase & Co. Has $17.34 Million Stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

JPMorgan Chase & Co. increased its stake in iShares U.S. Regional Banks ETF (NYSEARCA:IATFree Report) by 23.8% in the third quarter, Holdings Channel.com reports. The firm owned 364,710 shares of the company’s stock after purchasing an additional 70,206 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares U.S. Regional Banks ETF were worth $17,338,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in IAT. Magnolia Capital Advisors LLC bought a new stake in shares of iShares U.S. Regional Banks ETF in the second quarter valued at about $5,590,000. Gimbal Financial acquired a new stake in iShares U.S. Regional Banks ETF in the 3rd quarter valued at approximately $4,280,000. International Assets Investment Management LLC raised its position in iShares U.S. Regional Banks ETF by 4,667.4% in the 3rd quarter. International Assets Investment Management LLC now owns 64,693 shares of the company’s stock valued at $3,076,000 after buying an additional 63,336 shares during the last quarter. Cadent Capital Advisors LLC acquired a new position in iShares U.S. Regional Banks ETF during the 3rd quarter worth approximately $1,409,000. Finally, Sigma Planning Corp acquired a new position in iShares U.S. Regional Banks ETF during the 3rd quarter worth approximately $965,000.

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

NYSEARCA IAT opened at $50.67 on Friday. The firm’s 50 day moving average is $53.00 and its 200-day moving average is $48.66. The company has a market capitalization of $729.65 million, a PE ratio of 9.90 and a beta of 1.24. iShares U.S. Regional Banks ETF has a 12-month low of $38.40 and a 12-month high of $57.69.

iShares U.S. Regional Banks ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

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