Truist Financial Corp Has $5.51 Million Stock Position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Truist Financial Corp lifted its stake in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 27.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 109,413 shares of the company’s stock after buying an additional 23,682 shares during the period. Truist Financial Corp’s holdings in iShares U.S. Regional Banks ETF were worth $5,510,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of IAT. MinichMacGregor Wealth Management LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF during the 4th quarter worth $7,025,000. Gimbal Financial bought a new stake in shares of iShares U.S. Regional Banks ETF during the 3rd quarter worth $4,280,000. JPMorgan Chase & Co. lifted its position in shares of iShares U.S. Regional Banks ETF by 23.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 364,710 shares of the company’s stock worth $17,338,000 after buying an additional 70,206 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of iShares U.S. Regional Banks ETF by 4,667.4% during the 3rd quarter. International Assets Investment Management LLC now owns 64,693 shares of the company’s stock worth $3,076,000 after buying an additional 63,336 shares during the last quarter. Finally, Banque Pictet & Cie SA bought a new stake in shares of iShares U.S. Regional Banks ETF during the 4th quarter worth $2,410,000.

iShares U.S. Regional Banks ETF Stock Down 2.5 %

Shares of IAT stock opened at $50.52 on Friday. iShares U.S. Regional Banks ETF has a twelve month low of $38.75 and a twelve month high of $57.69. The company has a market cap of $727.49 million, a P/E ratio of 9.90 and a beta of 1.24. The business has a fifty day simple moving average of $51.78 and a 200 day simple moving average of $50.48.

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.