Chicago Wealth Management Inc. Has $3.89 Million Stock Holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK)

Chicago Wealth Management Inc. trimmed its stake in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,775 shares of the company’s stock after selling 814 shares during the quarter. iShares U.S. Insurance ETF comprises approximately 2.0% of Chicago Wealth Management Inc.’s investment portfolio, making the stock its 17th biggest position. Chicago Wealth Management Inc.’s holdings in iShares U.S. Insurance ETF were worth $3,892,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. FMR LLC lifted its position in iShares U.S. Insurance ETF by 64.5% during the third quarter. FMR LLC now owns 2,603 shares of the company’s stock worth $336,000 after purchasing an additional 1,021 shares during the period. Tudor Financial Inc. grew its position in shares of iShares U.S. Insurance ETF by 2.9% in the 4th quarter. Tudor Financial Inc. now owns 24,505 shares of the company’s stock valued at $3,099,000 after buying an additional 685 shares during the last quarter. KKM Financial LLC increased its position in iShares U.S. Insurance ETF by 2.2% during the 3rd quarter. KKM Financial LLC now owns 9,148 shares of the company’s stock valued at $1,181,000 after purchasing an additional 197 shares during the period. Atria Wealth Solutions Inc. lifted its holdings in iShares U.S. Insurance ETF by 11.0% in the fourth quarter. Atria Wealth Solutions Inc. now owns 5,181 shares of the company’s stock valued at $655,000 after buying an additional 515 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in shares of iShares U.S. Insurance ETF by 108.6% during the 4th quarter. Jones Financial Companies Lllp now owns 5,522 shares of the company’s stock valued at $698,000 after purchasing an additional 2,875 shares in the last quarter.

iShares U.S. Insurance ETF Stock Performance

Shares of iShares U.S. Insurance ETF stock opened at $132.94 on Wednesday. The stock has a market capitalization of $737.82 million, a PE ratio of 12.99 and a beta of 0.80. iShares U.S. Insurance ETF has a 52 week low of $109.09 and a 52 week high of $139.08. The stock has a 50 day moving average price of $128.94 and a two-hundred day moving average price of $129.44.

iShares U.S. Insurance ETF Company Profile

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.