Carret Asset Management LLC Purchases 1,090 Shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Carret Asset Management LLC increased its position in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,965 shares of the company’s stock after acquiring an additional 1,090 shares during the quarter. Carret Asset Management LLC owned about 0.20% of iShares U.S. Regional Banks ETF worth $1,672,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of IAT. Planned Solutions Inc. bought a new position in iShares U.S. Regional Banks ETF in the fourth quarter valued at approximately $30,000. Signaturefd LLC bought a new position in iShares U.S. Regional Banks ETF in the third quarter valued at approximately $26,000. Sunbelt Securities Inc. bought a new position in iShares U.S. Regional Banks ETF in the third quarter valued at approximately $48,000. HHM Wealth Advisors LLC lifted its stake in iShares U.S. Regional Banks ETF by 4,705.9% in the third quarter. HHM Wealth Advisors LLC now owns 4,085 shares of the company’s stock valued at $137,000 after buying an additional 4,000 shares in the last quarter. Finally, Larson Financial Group LLC lifted its stake in iShares U.S. Regional Banks ETF by 18.9% in the third quarter. Larson Financial Group LLC now owns 4,535 shares of the company’s stock valued at $152,000 after buying an additional 720 shares in the last quarter.

iShares U.S. Regional Banks ETF Price Performance

IAT traded up $0.32 during trading on Wednesday, reaching $42.21. The company had a trading volume of 117,001 shares, compared to its average volume of 299,199. iShares U.S. Regional Banks ETF has a 12 month low of $28.80 and a 12 month high of $43.47. The business’s fifty day moving average price is $41.16 and its 200 day moving average price is $39.05. The company has a market cap of $622.60 million, a P/E ratio of 9.43 and a beta of 1.42.

About iShares U.S. Regional Banks ETF

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.