Global Trust Asset Management LLC Invests $40,000 in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Global Trust Asset Management LLC purchased a new stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 800 shares of the company’s stock, valued at approximately $40,000.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in iShares U.S. Regional Banks ETF by 23.8% in the third quarter. JPMorgan Chase & Co. now owns 364,710 shares of the company’s stock valued at $17,338,000 after buying an additional 70,206 shares during the last quarter. Magnolia Capital Advisors LLC bought a new stake in iShares U.S. Regional Banks ETF in the 2nd quarter valued at about $5,590,000. Gimbal Financial bought a new stake in iShares U.S. Regional Banks ETF in the 3rd quarter valued at about $4,280,000. Cadent Capital Advisors LLC boosted its stake in iShares U.S. Regional Banks ETF by 136.5% during the 4th quarter. Cadent Capital Advisors LLC now owns 70,115 shares of the company’s stock valued at $3,531,000 after purchasing an additional 40,473 shares during the period. Finally, International Assets Investment Management LLC grew its position in iShares U.S. Regional Banks ETF by 4,667.4% in the 3rd quarter. International Assets Investment Management LLC now owns 64,693 shares of the company’s stock worth $3,076,000 after purchasing an additional 63,336 shares during the last quarter.

iShares U.S. Regional Banks ETF Trading Down 1.4 %

IAT opened at $52.58 on Thursday. The business’s 50 day moving average is $52.85 and its 200-day moving average is $49.40. The stock has a market cap of $757.15 million, a PE ratio of 9.90 and a beta of 1.24. iShares U.S. Regional Banks ETF has a twelve month low of $38.40 and a twelve month high of $57.69.

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.