Larson Financial Group LLC boosted its holdings in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report) by 24.1% during the first quarter, HoldingsChannel.com reports. The firm owned 1,575 shares of the company’s stock after purchasing an additional 306 shares during the period. Larson Financial Group LLC’s holdings in iShares U.S. Insurance ETF were worth $185,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the business. Tortoise Investment Management LLC purchased a new position in iShares U.S. Insurance ETF in the 4th quarter valued at about $34,000. Capital Analysts LLC purchased a new position in shares of iShares U.S. Insurance ETF in the fourth quarter valued at approximately $65,000. Planned Solutions Inc. purchased a new position in shares of iShares U.S. Insurance ETF in the fourth quarter valued at approximately $73,000. Geneos Wealth Management Inc. boosted its stake in shares of iShares U.S. Insurance ETF by 367.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 934 shares of the company’s stock worth $94,000 after acquiring an additional 734 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC purchased a new stake in shares of iShares U.S. Insurance ETF during the fourth quarter worth approximately $230,000.
iShares U.S. Insurance ETF Trading Up 1.0 %
IAK stock traded up $1.16 during midday trading on Wednesday, reaching $113.76. The stock had a trading volume of 68,070 shares, compared to its average volume of 75,492. iShares U.S. Insurance ETF has a 52-week low of $85.86 and a 52-week high of $117.99. The company’s fifty day simple moving average is $114.36 and its 200 day simple moving average is $111.07. The company has a market cap of $631.37 million, a price-to-earnings ratio of 17.19 and a beta of 0.40.
About iShares U.S. Insurance ETF
The iShares U.S. Insurance ETF (IAK) is an exchange-traded fund that is based on the DJ US Select \u002F Insurance index. The fund tracks a market-cap index of US insurance companies. IAK was launched on May 1, 2006 and is managed by BlackRock.
Read More
- Five stocks we like better than iShares U.S. Insurance ETF
- What Are Dividend Challengers?
- This Stock’s Price Shifts Into High Gear With Analyst Upgrades
- 3 Ways To Invest In Coffee, Other Than Drinking It
- AI Boosts Glass Tech Leader Stock: Shares Up 75% and More to Come
- 3 Best Fintech Stocks for a Portfolio Boost
- AI Partnership Boosts This Top Tech Stock: Ready for More Gains?
Want to see what other hedge funds are holding IAK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report).
Receive News & Ratings for iShares U.S. Insurance ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Insurance ETF and related companies with MarketBeat.com's FREE daily email newsletter.
