Creative Financial Designs Inc. ADV Sells 1,151 Shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT)

Creative Financial Designs Inc. ADV reduced its holdings in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 22.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,891 shares of the company’s stock after selling 1,151 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares U.S. Regional Banks ETF were worth $196,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares U.S. Regional Banks ETF by 3.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 37,437 shares of the company’s stock valued at $1,780,000 after buying an additional 1,358 shares in the last quarter. FMR LLC grew its stake in shares of iShares U.S. Regional Banks ETF by 54.4% in the third quarter. FMR LLC now owns 1,762 shares of the company’s stock valued at $84,000 after buying an additional 621 shares in the last quarter. Park Avenue Securities LLC bought a new position in shares of iShares U.S. Regional Banks ETF in the fourth quarter valued at $507,000. Truist Financial Corp grew its stake in shares of iShares U.S. Regional Banks ETF by 27.6% in the fourth quarter. Truist Financial Corp now owns 109,413 shares of the company’s stock valued at $5,510,000 after buying an additional 23,682 shares in the last quarter. Finally, Bank Pictet & Cie Europe AG bought a new position in shares of iShares U.S. Regional Banks ETF in the fourth quarter valued at $453,000.

iShares U.S. Regional Banks ETF Trading Up 1.2 %

NYSEARCA:IAT opened at $46.64 on Thursday. iShares U.S. Regional Banks ETF has a 1-year low of $38.75 and a 1-year high of $57.69. The firm has a fifty day simple moving average of $50.73 and a 200 day simple moving average of $50.68. The stock has a market capitalization of $736.91 million, a PE ratio of 12.63 and a beta of 1.11.

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.