Aspen Wealth Strategies LLC Acquires New Position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Aspen Wealth Strategies LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 13,088 shares of the company’s stock, valued at approximately $548,000. Aspen Wealth Strategies LLC owned approximately 0.06% of iShares U.S. Regional Banks ETF at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Signaturefd LLC purchased a new position in shares of iShares U.S. Regional Banks ETF during the 3rd quarter valued at about $26,000. Bartlett & CO. Wealth Management LLC purchased a new position in shares of iShares U.S. Regional Banks ETF during the 4th quarter valued at about $28,000. Planned Solutions Inc. purchased a new position in iShares U.S. Regional Banks ETF in the 4th quarter worth approximately $30,000. Bessemer Group Inc. bought a new stake in iShares U.S. Regional Banks ETF in the fourth quarter valued at approximately $38,000. Finally, Harbour Investments Inc. lifted its position in iShares U.S. Regional Banks ETF by 187.5% in the second quarter. Harbour Investments Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares during the last quarter.

iShares U.S. Regional Banks ETF Trading Down 1.7 %

IAT stock traded down $0.67 during midday trading on Tuesday, hitting $39.64. The company had a trading volume of 254,270 shares, compared to its average volume of 305,108. iShares U.S. Regional Banks ETF has a 52 week low of $28.80 and a 52 week high of $43.47. The stock’s 50 day moving average price is $41.05 and its 200 day moving average price is $38.76. The stock has a market cap of $802.71 million, a price-to-earnings ratio of 8.82 and a beta of 1.09.

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.