Renaissance Technologies LLC Raises Holdings in iShares U.S. Regional Banks ETF $IAT

Renaissance Technologies LLC grew its stake in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 142.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,300 shares of the company’s stock after acquiring an additional 13,100 shares during the quarter. Renaissance Technologies LLC owned about 0.21% of iShares U.S. Regional Banks ETF worth $1,201,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. NewEdge Advisors LLC grew its position in iShares U.S. Regional Banks ETF by 6.1% during the 1st quarter. NewEdge Advisors LLC now owns 8,282 shares of the company’s stock worth $386,000 after purchasing an additional 475 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of iShares U.S. Regional Banks ETF by 11.6% in the first quarter. Goldman Sachs Group Inc. now owns 190,762 shares of the company’s stock worth $8,895,000 after buying an additional 19,870 shares during the last quarter. Marshall Wace LLP lifted its stake in shares of iShares U.S. Regional Banks ETF by 11.1% during the second quarter. Marshall Wace LLP now owns 35,671 shares of the company’s stock worth $1,767,000 after buying an additional 3,553 shares during the period. Cerity Partners LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF during the second quarter worth $217,000. Finally, Lighthouse Investment Partners LLC purchased a new stake in shares of iShares U.S. Regional Banks ETF during the second quarter valued at $555,000.

iShares U.S. Regional Banks ETF Price Performance

Shares of IAT opened at $65.33 on Friday. The company’s fifty day moving average price is $62.60 and its 200-day moving average price is $58.90. iShares U.S. Regional Banks ETF has a 1-year low of $47.37 and a 1-year high of $65.75. The firm has a market capitalization of $692.50 million, a PE ratio of 12.39 and a beta of 0.88.

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.