iShares U.S. Regional Banks ETF (NYSEARCA:IAT) Shares Acquired by KCM Investment Advisors LLC

KCM Investment Advisors LLC increased its position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 4.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,762 shares of the company’s stock after acquiring an additional 2,113 shares during the period. KCM Investment Advisors LLC’s holdings in iShares U.S. Regional Banks ETF were worth $2,461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cultivar Capital Inc. acquired a new stake in shares of iShares U.S. Regional Banks ETF in the second quarter worth $30,000. Farther Finance Advisors LLC purchased a new stake in shares of iShares U.S. Regional Banks ETF during the 3rd quarter worth about $39,000. International Assets Investment Management LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF during the 2nd quarter valued at about $56,000. Game Plan Financial Advisors LLC raised its holdings in iShares U.S. Regional Banks ETF by 6.1% in the 2nd quarter. Game Plan Financial Advisors LLC now owns 5,250 shares of the company’s stock worth $218,000 after purchasing an additional 300 shares during the period. Finally, Larson Financial Group LLC boosted its position in iShares U.S. Regional Banks ETF by 5.7% during the second quarter. Larson Financial Group LLC now owns 5,437 shares of the company’s stock worth $225,000 after purchasing an additional 292 shares in the last quarter.

iShares U.S. Regional Banks ETF Price Performance

iShares U.S. Regional Banks ETF stock opened at $54.49 on Friday. The stock has a market capitalization of $784.66 million, a PE ratio of 9.90 and a beta of 1.24. The business has a 50 day simple moving average of $49.13 and a 200-day simple moving average of $45.53. iShares U.S. Regional Banks ETF has a 12 month low of $35.41 and a 12 month high of $55.84.

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.