5,674 Shares in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,674 shares of the company’s stock, valued at approximately $270,000.

Other institutional investors also recently modified their holdings of the company. Cultivar Capital Inc. purchased a new position in shares of iShares U.S. Regional Banks ETF during the 2nd quarter valued at $30,000. Farther Finance Advisors LLC acquired a new position in iShares U.S. Regional Banks ETF in the 3rd quarter worth about $39,000. International Assets Investment Management LLC purchased a new stake in shares of iShares U.S. Regional Banks ETF during the 2nd quarter worth about $56,000. Game Plan Financial Advisors LLC lifted its holdings in shares of iShares U.S. Regional Banks ETF by 6.1% during the 2nd quarter. Game Plan Financial Advisors LLC now owns 5,250 shares of the company’s stock valued at $218,000 after buying an additional 300 shares during the last quarter. Finally, Larson Financial Group LLC lifted its holdings in shares of iShares U.S. Regional Banks ETF by 5.7% during the 2nd quarter. Larson Financial Group LLC now owns 5,437 shares of the company’s stock valued at $225,000 after buying an additional 292 shares during the last quarter.

iShares U.S. Regional Banks ETF Stock Performance

NYSEARCA:IAT opened at $56.15 on Friday. The company has a market capitalization of $808.56 million, a P/E ratio of 9.90 and a beta of 1.24. The stock’s 50 day moving average price is $49.79 and its 200 day moving average price is $45.89. iShares U.S. Regional Banks ETF has a 52 week low of $35.41 and a 52 week high of $56.23.

iShares U.S. Regional Banks ETF 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.