Royal Bank of Canada Has $10.42 Million Stock Holdings in iShares U.S. Regional Banks ETF $IAT

Royal Bank of Canada trimmed its position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 12.7% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 193,585 shares of the company’s stock after selling 28,248 shares during the period. Royal Bank of Canada’s holdings in iShares U.S. Regional Banks ETF were worth $10,423,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in IAT. Group One Trading LLC bought a new stake in shares of iShares U.S. Regional Banks ETF during the first quarter worth $25,000. Safe Harbor Fiduciary LLC bought a new position in iShares U.S. Regional Banks ETF in the fourth quarter valued at about $25,000. Headlands Technologies LLC bought a new position in iShares U.S. Regional Banks ETF in the second quarter valued at about $25,000. Kestra Advisory Services LLC acquired a new stake in iShares U.S. Regional Banks ETF in the fourth quarter worth about $41,000. Finally, SHP Wealth Management acquired a new stake in iShares U.S. Regional Banks ETF in the fourth quarter worth about $43,000.

iShares U.S. Regional Banks ETF Trading Down 0.0%

Shares of NYSEARCA:IAT opened at $64.24 on Friday. iShares U.S. Regional Banks ETF has a 1-year low of $47.37 and a 1-year high of $65.50. The stock has a market capitalization of $680.94 million, a P/E ratio of 12.39 and a beta of 0.88. The business has a 50-day moving average price of $61.99 and a two-hundred day moving average price of $58.69.

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.