Cetera Investment Advisers Buys 14,599 Shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Cetera Investment Advisers raised its holdings in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 51.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 43,032 shares of the company’s stock after buying an additional 14,599 shares during the quarter. Cetera Investment Advisers owned 0.30% of iShares U.S. Regional Banks ETF worth $2,167,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Comerica Bank boosted its holdings in shares of iShares U.S. Regional Banks ETF by 13.8% during the 4th quarter. Comerica Bank now owns 4,911 shares of the company’s stock worth $247,000 after buying an additional 595 shares in the last quarter. Spectrum Wealth Counsel LLC increased its stake in iShares U.S. Regional Banks ETF by 1.1% during the 4th quarter. Spectrum Wealth Counsel LLC now owns 66,349 shares of the company’s stock valued at $3,341,000 after purchasing an additional 694 shares in the last quarter. Global Trust Asset Management LLC acquired a new position in iShares U.S. Regional Banks ETF during the fourth quarter worth $40,000. TD Waterhouse Canada Inc. bought a new position in shares of iShares U.S. Regional Banks ETF in the fourth quarter valued at $40,000. Finally, Aveo Capital Partners LLC grew its holdings in shares of iShares U.S. Regional Banks ETF by 12.5% during the fourth quarter. Aveo Capital Partners LLC now owns 7,908 shares of the company’s stock valued at $398,000 after buying an additional 876 shares during the last quarter.

iShares U.S. Regional Banks ETF Price Performance

IAT opened at $48.56 on Monday. iShares U.S. Regional Banks ETF has a fifty-two week low of $38.30 and a fifty-two week high of $57.69. The firm has a market capitalization of $674.98 million, a PE ratio of 11.33 and a beta of 0.96. The company’s 50-day moving average is $44.47 and its 200 day moving average is $49.54.

iShares U.S. Regional Banks ETF 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.