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

MidWestOne Financial Group Inc. trimmed its position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 50.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,198 shares of the company’s stock after selling 10,337 shares during the quarter. MidWestOne Financial Group Inc.’s holdings in iShares U.S. Regional Banks ETF were worth $514,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Global Trust Asset Management LLC purchased a new position in iShares U.S. Regional Banks ETF during the fourth quarter valued at approximately $40,000. TD Waterhouse Canada Inc. acquired a new stake in shares of iShares U.S. Regional Banks ETF in the fourth quarter worth about $40,000. Finley Financial LLC acquired a new stake in iShares U.S. Regional Banks ETF in the 4th quarter worth approximately $158,000. PNC Financial Services Group Inc. lifted its stake in shares of iShares U.S. Regional Banks ETF by 38.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,409 shares of the company’s stock worth $172,000 after buying an additional 940 shares during the last quarter. Finally, Sand Hill Global Advisors LLC bought a new stake in iShares U.S. Regional Banks ETF during the fourth quarter valued at about $206,000.

iShares U.S. Regional Banks ETF Trading Down 3.6%

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

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.