iShares U.S. Regional Banks ETF (NYSEARCA:IAT) Shares Sold by MidWestOne Financial Group Inc.

MidWestOne Financial Group Inc. reduced its position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 50.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,198 shares of the company’s stock after selling 10,337 shares during the period. MidWestOne Financial Group Inc. owned about 0.07% of iShares U.S. Regional Banks ETF worth $514,000 at the end of the most recent reporting period.

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

iShares U.S. Regional Banks ETF Price Performance

Shares of IAT stock opened at $46.25 on Thursday. The firm has a market cap of $603.56 million, a P/E ratio of 11.50 and a beta of 0.93. iShares U.S. Regional Banks ETF has a 1-year low of $38.30 and a 1-year high of $57.69. The firm’s 50-day simple moving average is $44.60 and its 200-day simple moving average is $49.50.

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.