Cadent Capital Advisors LLC Makes New Investment in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Cadent Capital Advisors LLC acquired a new stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 29,642 shares of the company’s stock, valued at approximately $1,409,000. Cadent Capital Advisors LLC owned approximately 0.21% of iShares U.S. Regional Banks ETF at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Game Plan Financial Advisors LLC lifted its position in iShares U.S. Regional Banks ETF by 23.8% during the first quarter. Game Plan Financial Advisors LLC now owns 4,950 shares of the company’s stock worth $215,000 after purchasing an additional 950 shares during the period. KCM Investment Advisors LLC lifted its holdings in shares of iShares U.S. Regional Banks ETF by 3.1% during the 1st quarter. KCM Investment Advisors LLC now owns 48,929 shares of the company’s stock worth $2,123,000 after acquiring an additional 1,475 shares during the period. Cetera Advisors LLC boosted its position in shares of iShares U.S. Regional Banks ETF by 25.5% during the 1st quarter. Cetera Advisors LLC now owns 21,242 shares of the company’s stock worth $921,000 after acquiring an additional 4,313 shares in the last quarter. MidWestOne Financial Group Inc. increased its stake in iShares U.S. Regional Banks ETF by 2.5% in the second quarter. MidWestOne Financial Group Inc. now owns 35,357 shares of the company’s stock valued at $1,466,000 after acquiring an additional 848 shares during the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF in the 2nd quarter valued at $5,590,000.

iShares U.S. Regional Banks ETF Stock Down 0.6 %

Shares of IAT stock opened at $50.18 on Friday. The business has a fifty day simple moving average of $47.29 and a 200 day simple moving average of $44.12. The company has a market cap of $722.59 million, a P/E ratio of 9.90 and a beta of 1.24. iShares U.S. Regional Banks ETF has a twelve month low of $30.46 and a twelve month high of $50.84.

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.