Edge Capital Group LLC Acquires 2,739 Shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Edge Capital Group LLC increased its stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 4.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 59,528 shares of the company’s stock after acquiring an additional 2,739 shares during the quarter. Edge Capital Group LLC owned about 0.41% of iShares U.S. Regional Banks ETF worth $2,998,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF during the 3rd quarter worth approximately $39,000. Global Trust Asset Management LLC bought a new stake in iShares U.S. Regional Banks ETF during the 4th quarter valued at $40,000. FMR LLC raised its holdings in iShares U.S. Regional Banks ETF by 54.4% during the third quarter. FMR LLC now owns 1,762 shares of the company’s stock worth $84,000 after buying an additional 621 shares during the last quarter. Safe Harbor Fiduciary LLC acquired a new position in shares of iShares U.S. Regional Banks ETF during the third quarter valued at about $157,000. Finally, Finley Financial LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF in the 4th quarter worth about $158,000.

iShares U.S. Regional Banks ETF Stock Down 2.5 %

IAT stock opened at $50.52 on Monday. The firm has a market capitalization of $727.49 million, a PE ratio of 9.90 and a beta of 1.24. The stock’s 50 day moving average is $51.78 and its 200-day moving average is $50.52. iShares U.S. Regional Banks ETF has a twelve month low of $38.75 and a twelve month high of $57.69.

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.