Bare Financial Services Inc Purchases Shares of 3,026 iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Bare Financial Services Inc purchased a new stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,026 shares of the company’s stock, valued at approximately $127,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Larson Financial Group LLC raised its stake in shares of iShares U.S. Regional Banks ETF by 6.1% in the fourth quarter. Larson Financial Group LLC now owns 4,811 shares of the company’s stock worth $201,000 after purchasing an additional 276 shares during the last quarter. Moneta Group Investment Advisors LLC raised its stake in shares of iShares U.S. Regional Banks ETF by 3.9% in the third quarter. Moneta Group Investment Advisors LLC now owns 10,893 shares of the company’s stock worth $366,000 after purchasing an additional 410 shares during the last quarter. Atria Wealth Solutions Inc. raised its stake in shares of iShares U.S. Regional Banks ETF by 2.8% in the fourth quarter. Atria Wealth Solutions Inc. now owns 23,472 shares of the company’s stock worth $982,000 after purchasing an additional 637 shares during the last quarter. Synovus Financial Corp raised its stake in shares of iShares U.S. Regional Banks ETF by 7.2% in the third quarter. Synovus Financial Corp now owns 9,948 shares of the company’s stock worth $334,000 after purchasing an additional 664 shares during the last quarter. Finally, Wealth Management Partners LLC raised its stake in shares of iShares U.S. Regional Banks ETF by 5.5% in the third quarter. Wealth Management Partners LLC now owns 13,221 shares of the company’s stock worth $444,000 after purchasing an additional 691 shares during the last quarter.

iShares U.S. Regional Banks ETF Stock Up 0.9 %

Shares of NYSEARCA:IAT traded up $0.36 during trading on Thursday, hitting $41.86. The stock had a trading volume of 123,739 shares, compared to its average volume of 287,594. iShares U.S. Regional Banks ETF has a 12-month low of $28.80 and a 12-month high of $43.47. The stock has a market capitalization of $617.44 million, a price-to-earnings ratio of 9.43 and a beta of 1.42. The stock has a 50-day simple moving average of $41.33 and a two-hundred day simple moving average of $39.37.

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.