Apeiron RIA LLC Invests $599,000 in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Apeiron RIA LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 11,903 shares of the company’s stock, valued at approximately $599,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IAT. MinichMacGregor Wealth Management LLC bought a new stake in shares of iShares U.S. Regional Banks ETF in the 4th quarter valued at about $7,025,000. Magnolia Capital Advisors LLC purchased a new stake in iShares U.S. Regional Banks ETF during the second quarter valued at approximately $5,590,000. Gimbal Financial acquired a new stake in iShares U.S. Regional Banks ETF in the third quarter valued at approximately $4,280,000. JPMorgan Chase & Co. grew its holdings in iShares U.S. Regional Banks ETF by 23.8% in the third quarter. JPMorgan Chase & Co. now owns 364,710 shares of the company’s stock worth $17,338,000 after purchasing an additional 70,206 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of iShares U.S. Regional Banks ETF by 4,667.4% during the third quarter. International Assets Investment Management LLC now owns 64,693 shares of the company’s stock worth $3,076,000 after purchasing an additional 63,336 shares in the last quarter.

iShares U.S. Regional Banks ETF Trading Down 0.0 %

Shares of IAT opened at $52.57 on Friday. The firm has a market cap of $757.01 million, a PE ratio of 9.90 and a beta of 1.24. iShares U.S. Regional Banks ETF has a 12 month low of $38.40 and a 12 month high of $57.69. The stock has a fifty day moving average price of $52.81 and a 200-day moving average price of $49.42.

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.