iShares U.S. Insurance ETF (NYSEARCA:IAK) Shares Sold by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC reduced its stake in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 29.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,926 shares of the company’s stock after selling 805 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares U.S. Insurance ETF were worth $244,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Winthrop Advisory Group LLC raised its holdings in iShares U.S. Insurance ETF by 4.1% during the third quarter. Winthrop Advisory Group LLC now owns 2,510 shares of the company’s stock worth $324,000 after purchasing an additional 100 shares during the last quarter. Larson Financial Group LLC increased its position in shares of iShares U.S. Insurance ETF by 6.3% in the third quarter. Larson Financial Group LLC now owns 1,766 shares of the company’s stock valued at $228,000 after buying an additional 105 shares in the last quarter. Sonata Capital Group Inc. raised its stake in shares of iShares U.S. Insurance ETF by 4.2% during the 3rd quarter. Sonata Capital Group Inc. now owns 3,750 shares of the company’s stock worth $484,000 after buying an additional 150 shares during the last quarter. AdvisorNet Financial Inc boosted its position in shares of iShares U.S. Insurance ETF by 21.0% in the 4th quarter. AdvisorNet Financial Inc now owns 962 shares of the company’s stock worth $122,000 after buying an additional 167 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC grew its stake in iShares U.S. Insurance ETF by 4.1% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 4,701 shares of the company’s stock valued at $595,000 after acquiring an additional 186 shares during the last quarter.

iShares U.S. Insurance ETF Trading Up 1.5 %

NYSEARCA:IAK opened at $132.21 on Wednesday. The company has a market capitalization of $733.77 million, a P/E ratio of 17.19 and a beta of 0.40. The firm has a 50-day moving average price of $127.48 and a two-hundred day moving average price of $128.56. iShares U.S. Insurance ETF has a twelve month low of $109.09 and a twelve month high of $139.08.

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.