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Somewhere in between national banks and community banks sit regional banks. These institutions cover more ground (literally) than community banks, but are considerably smaller players than national.
Capital Investment Advisory Services LLC reduced its stake in iShares U.S. Regional Banks ETF (NYSEARCA:IAT – Free Report) by 83.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,047 shares of the company’s stock after selling 15,256 shares during the […]