iShares U.S. Regional Banks ETF·Financial Services

Banque Pictet and Cie SA lowered its stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) by 85.9% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,213 shares of the company's stock after selling 31,734 shares during the quarter. Banque

IAT: Undervalued Regional Banks With Strong Growth Momentum

Designed to provide broad exposure to the Financials - Regional Banks segment of the equity market, the iShares U.S. Regional Banks ETF (IAT) is a passively managed exchange traded fund launched on May 1, 2006.

IAT hits a new 52-week high, up 58% from its low, as rate-cut expectations and yield-curve optimism fuel momentum in regional bank stocks.
The iShares U.S. Regional Banks ETF seeks to track the investment results of an index composed of U.S. equities in the regional banks sector.
Financial Services
Asset Management
2006-05-05
1.49
Market Peers