iShares U.S. Regional Banks ETF (NYSEARCA:IAT – Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $51.10 and last traded at $51.10, with a volume of 255 shares changing hands. The stock had previously closed at $50.27.
iShares U.S. Regional Banks ETF Price Performance
The firm has a market capitalization of $722.59 million, a PE ratio of 9.90 and a beta of 1.24. The company’s fifty day simple moving average is $47.29 and its 200-day simple moving average is $44.12.
Institutional Investors Weigh In On iShares U.S. Regional Banks ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Cadent Capital Advisors LLC acquired a new stake in iShares U.S. Regional Banks ETF during the third quarter worth about $1,409,000. Heritage Wealth Management Inc. acquired a new stake in iShares U.S. Regional Banks ETF during the second quarter worth about $728,000. Sanctuary Advisors LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF during the second quarter valued at about $227,000. Cetera Investment Advisers increased its position in shares of iShares U.S. Regional Banks ETF by 3.0% during the second quarter. Cetera Investment Advisers now owns 30,525 shares of the company’s stock valued at $1,266,000 after acquiring an additional 903 shares during the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF during the second quarter valued at about $5,590,000.
About iShares U.S. Regional Banks ETF
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.
Read More
- Five stocks we like better than iShares U.S. Regional Banks ETF
- Technology Stocks Explained: Here’s What to Know About Tech
- Survey Reveals: America’s Most Coveted Businesses in 2024
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Top 3 Stocks to Play Oil’s Potential Comeback Rally
- How to buy stock: A step-by-step guide for beginners
- Analysts See Growth in CrowdStrike Stock Despite July Setback
Receive News & Ratings for iShares U.S. Regional Banks ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Regional Banks ETF and related companies with MarketBeat.com's FREE daily email newsletter.