Carret Asset Management LLC Has $1.67 Million Stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Carret Asset Management LLC lifted its stake in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 2.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 39,965 shares of the company’s stock after buying an additional 1,090 shares during the quarter. Carret Asset Management LLC’s holdings in iShares U.S. Regional Banks ETF were worth $1,672,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of IAT. CX Institutional grew its position in shares of iShares U.S. Regional Banks ETF by 14.9% during the 3rd quarter. CX Institutional now owns 135,666 shares of the company’s stock worth $4,558,000 after buying an additional 17,628 shares during the period. Coerente Capital Management acquired a new stake in iShares U.S. Regional Banks ETF in the 3rd quarter valued at $344,000. Commonwealth Equity Services LLC grew its position in iShares U.S. Regional Banks ETF by 27.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 151,173 shares of the company’s stock valued at $5,079,000 after purchasing an additional 32,799 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in iShares U.S. Regional Banks ETF by 12.0% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 36,490 shares of the company’s stock valued at $1,226,000 after purchasing an additional 3,920 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its position in iShares U.S. Regional Banks ETF by 0.8% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 237,704 shares of the company’s stock valued at $7,987,000 after purchasing an additional 1,848 shares during the period.

iShares U.S. Regional Banks ETF Trading Up 0.8 %

NYSEARCA IAT traded up $0.32 during mid-day trading on Wednesday, hitting $42.21. The company’s stock had a trading volume of 117,001 shares, compared to its average volume of 299,199. The company’s 50 day simple moving average is $41.16 and its 200 day simple moving average is $39.05. iShares U.S. Regional Banks ETF has a twelve month low of $28.80 and a twelve month high of $43.47. The firm has a market capitalization of $622.60 million, a price-to-earnings 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.