Tudor Financial Inc. Makes New Investment in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Tudor Financial Inc. acquired a new stake in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 39,727 shares of the company’s stock, valued at approximately $2,001,000. iShares U.S. Regional Banks ETF accounts for 1.2% of Tudor Financial Inc.’s portfolio, making the stock its 24th largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of IAT. Farther Finance Advisors LLC acquired a new stake in iShares U.S. Regional Banks ETF during the third quarter valued at $39,000. FMR LLC grew its position in shares of iShares U.S. Regional Banks ETF by 54.4% during the 3rd quarter. FMR LLC now owns 1,762 shares of the company’s stock valued at $84,000 after acquiring an additional 621 shares during the period. Safe Harbor Fiduciary LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF during the 3rd quarter valued at about $157,000. LRI Investments LLC acquired a new stake in iShares U.S. Regional Banks ETF in the 3rd quarter worth about $212,000. Finally, Sanctuary Advisors LLC acquired a new stake in iShares U.S. Regional Banks ETF in the 2nd quarter worth about $227,000.

iShares U.S. Regional Banks ETF Trading Up 1.8 %

IAT stock opened at $52.82 on Tuesday. iShares U.S. Regional Banks ETF has a 12-month low of $38.40 and a 12-month high of $57.69. The stock has a market cap of $760.61 million, a price-to-earnings ratio of 9.90 and a beta of 1.24. The business’s 50-day moving average is $52.93 and its 200 day moving average is $49.29.

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.