Sigma Planning Corp Reduces Position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Sigma Planning Corp reduced its holdings in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 8.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 18,605 shares of the company’s stock after selling 1,688 shares during the period. Sigma Planning Corp’s holdings in iShares U.S. Regional Banks ETF were worth $937,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Gimbal Financial increased its position in iShares U.S. Regional Banks ETF by 1.6% during the fourth quarter. Gimbal Financial now owns 87,825 shares of the company’s stock worth $4,423,000 after purchasing an additional 1,363 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in shares of iShares U.S. Regional Banks ETF by 232.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 34,007 shares of the company’s stock valued at $1,713,000 after buying an additional 23,769 shares during the period. Truist Financial Corp increased its holdings in shares of iShares U.S. Regional Banks ETF by 27.6% during the 4th quarter. Truist Financial Corp now owns 109,413 shares of the company’s stock worth $5,510,000 after buying an additional 23,682 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of iShares U.S. Regional Banks ETF during the 4th quarter valued at approximately $747,000. Finally, bLong Financial LLC acquired a new position in iShares U.S. Regional Banks ETF in the fourth quarter valued at approximately $1,669,000.

iShares U.S. Regional Banks ETF Stock Performance

Shares of iShares U.S. Regional Banks ETF stock opened at $50.11 on Wednesday. iShares U.S. Regional Banks ETF has a fifty-two week low of $38.75 and a fifty-two week high of $57.69. The firm has a market capitalization of $721.58 million, a price-to-earnings ratio of 9.90 and a beta of 1.24. The stock has a 50 day moving average of $51.68 and a 200 day moving average of $50.60.

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.