JPMorgan Chase & Co. Grows Position in iShares U.S. Regional Banks ETF $IAT

JPMorgan Chase & Co. raised its holdings in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 4.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 375,804 shares of the company’s stock after acquiring an additional 15,185 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares U.S. Regional Banks ETF were worth $19,741,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. MAI Capital Management grew its stake in shares of iShares U.S. Regional Banks ETF by 20.0% during the 3rd quarter. MAI Capital Management now owns 1,200 shares of the company’s stock worth $63,000 after purchasing an additional 200 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of iShares U.S. Regional Banks ETF by 6.1% in the second quarter. PNC Financial Services Group Inc. now owns 3,620 shares of the company’s stock valued at $179,000 after purchasing an additional 208 shares during the period. AlphaCore Capital LLC lifted its stake in shares of iShares U.S. Regional Banks ETF by 103.1% in the second quarter. AlphaCore Capital LLC now owns 591 shares of the company’s stock valued at $29,000 after purchasing an additional 300 shares during the period. Bare Financial Services Inc boosted its holdings in iShares U.S. Regional Banks ETF by 4.0% during the second quarter. Bare Financial Services Inc now owns 8,758 shares of the company’s stock worth $434,000 after buying an additional 340 shares in the last quarter. Finally, Cibc World Market Inc. boosted its holdings in iShares U.S. Regional Banks ETF by 8.5% during the third quarter. Cibc World Market Inc. now owns 5,128 shares of the company’s stock worth $269,000 after buying an additional 400 shares in the last quarter.

iShares U.S. Regional Banks ETF Trading Up 1.0%

Shares of IAT opened at $53.20 on Wednesday. iShares U.S. Regional Banks ETF has a twelve month low of $38.30 and a twelve month high of $63.04. The firm has a market capitalization of $555.94 million, a P/E ratio of 12.39 and a beta of 0.96. The firm’s 50-day moving average is $57.16 and its two-hundred day moving average is $54.26.

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.