Sigma Planning Corp Buys 8,382 Shares of iShares U.S. Regional Banks ETF $IAT

Sigma Planning Corp bought a new stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 8,382 shares of the company’s stock, valued at approximately $480,000. Sigma Planning Corp owned approximately 0.08% of iShares U.S. Regional Banks ETF at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Barrett & Company Inc. acquired a new position in shares of iShares U.S. Regional Banks ETF during the 3rd quarter worth about $64,000. Root Financial Partners LLC bought a new position in shares of iShares U.S. Regional Banks ETF in the 3rd quarter valued at about $51,000. Westwind Capital grew its holdings in shares of iShares U.S. Regional Banks ETF by 8.5% in the 3rd quarter. Westwind Capital now owns 40,076 shares of the company’s stock valued at $2,293,000 after acquiring an additional 3,142 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of iShares U.S. Regional Banks ETF by 10.9% in the third quarter. CoreCap Advisors LLC now owns 1,889 shares of the company’s stock valued at $108,000 after acquiring an additional 185 shares during the last quarter. Finally, Toth Financial Advisory Corp acquired a new stake in shares of iShares U.S. Regional Banks ETF in the third quarter valued at about $73,000.

iShares U.S. Regional Banks ETF Stock Performance

NYSEARCA:IAT opened at $59.82 on Friday. iShares U.S. Regional Banks ETF has a 52-week low of $48.15 and a 52-week high of $66.15. The company has a market cap of $634.09 million, a P/E ratio of 12.39 and a beta of 0.92. The stock’s 50-day simple moving average is $59.59 and its 200 day simple moving average is $59.14.

iShares U.S. Regional Banks ETF Profile

The iShares U.S. Regional Banks ETF (IAT) seeks to track the investment results of the Dow Jones U.S. Select Regional Banks Index. The fund provides targeted exposure to small- and mid-sized U.S. banks. The index uses a float-adjusted market-capitalization weighting methodology, meaning larger holdings have a greater influence on performance. Launched on May 1, 2006, the fund is managed by BlackRock Fund Advisors.