12,528 Shares in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) Acquired by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC acquired a new position in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,528 shares of the company’s stock, valued at approximately $631,000. Cubist Systematic Strategies LLC owned 0.09% of iShares U.S. Regional Banks ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Bank of America Corp DE boosted its holdings in iShares U.S. Regional Banks ETF by 11.3% in the 4th quarter. Bank of America Corp DE now owns 558,641 shares of the company’s stock worth $28,133,000 after buying an additional 56,764 shares during the period. MML Investors Services LLC bought a new position in iShares U.S. Regional Banks ETF in the 4th quarter valued at $10,753,000. Wells Fargo & Company MN boosted its holdings in iShares U.S. Regional Banks ETF by 42.2% in the 4th quarter. Wells Fargo & Company MN now owns 212,881 shares of the company’s stock valued at $10,721,000 after purchasing an additional 63,174 shares during the period. LPL Financial LLC boosted its holdings in iShares U.S. Regional Banks ETF by 7.7% in the 4th quarter. LPL Financial LLC now owns 208,878 shares of the company’s stock valued at $10,519,000 after purchasing an additional 14,928 shares during the period. Finally, Thrivent Financial for Lutherans boosted its holdings in iShares U.S. Regional Banks ETF by 885.4% in the 4th quarter. Thrivent Financial for Lutherans now owns 154,487 shares of the company’s stock valued at $7,780,000 after purchasing an additional 138,809 shares during the period.

iShares U.S. Regional Banks ETF Price Performance

Shares of NYSEARCA:IAT opened at $48.41 on Friday. The firm has a fifty day moving average price of $44.40 and a two-hundred day moving average price of $49.55. iShares U.S. Regional Banks ETF has a one year low of $38.30 and a one year high of $57.69. The company has a market cap of $672.90 million, a price-to-earnings ratio of 11.33 and a beta of 0.96.

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.