Luken Investment Analytics LLC Reduces Stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Luken Investment Analytics LLC cut its position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 98.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,750 shares of the company’s stock after selling 132,331 shares during the quarter. Luken Investment Analytics LLC’s holdings in iShares U.S. Regional Banks ETF were worth $73,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Royal Bank of Canada lifted its position in iShares U.S. Regional Banks ETF by 99.4% during the 2nd quarter. Royal Bank of Canada now owns 487,136 shares of the company’s stock worth $16,489,000 after acquiring an additional 242,874 shares during the period. Wells Fargo & Company MN lifted its position in iShares U.S. Regional Banks ETF by 57.1% during the 2nd quarter. Wells Fargo & Company MN now owns 359,444 shares of the company’s stock worth $12,167,000 after acquiring an additional 130,601 shares during the period. UBS Group AG lifted its position in iShares U.S. Regional Banks ETF by 215.2% during the 1st quarter. UBS Group AG now owns 289,386 shares of the company’s stock worth $10,357,000 after acquiring an additional 197,573 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in iShares U.S. Regional Banks ETF by 0.8% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 237,704 shares of the company’s stock worth $7,987,000 after acquiring an additional 1,848 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in iShares U.S. Regional Banks ETF by 93.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 157,738 shares of the company’s stock worth $5,296,000 after acquiring an additional 76,225 shares during the period.

iShares U.S. Regional Banks ETF Stock Performance

iShares U.S. Regional Banks ETF stock traded up $0.16 during mid-day trading on Thursday, reaching $39.79. 196,780 shares of the company were exchanged, compared to its average volume of 301,591. iShares U.S. Regional Banks ETF has a twelve month low of $28.80 and a twelve month high of $43.47. The firm’s 50-day simple moving average is $41.06 and its two-hundred day simple moving average is $38.76. The firm has a market cap of $805.75 million, a PE ratio of 8.82 and a beta of 1.09.

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.