Lee Danner & Bass Inc. Acquires 355 Shares of iShares U.S. Insurance ETF (NYSEARCA:IAK)

Lee Danner & Bass Inc. boosted its holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 1.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 34,495 shares of the company’s stock after acquiring an additional 355 shares during the quarter. Lee Danner & Bass Inc. owned 0.62% of iShares U.S. Insurance ETF worth $4,363,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in IAK. Moors & Cabot Inc. raised its holdings in shares of iShares U.S. Insurance ETF by 18.9% in the 3rd quarter. Moors & Cabot Inc. now owns 3,664 shares of the company’s stock worth $473,000 after purchasing an additional 583 shares during the period. Raymond James Trust N.A. bought a new stake in shares of iShares U.S. Insurance ETF in the 3rd quarter worth approximately $222,000. Great Valley Advisor Group Inc. bought a new stake in shares of iShares U.S. Insurance ETF in the 3rd quarter worth approximately $2,941,000. KKM Financial LLC raised its holdings in shares of iShares U.S. Insurance ETF by 2.2% in the 3rd quarter. KKM Financial LLC now owns 9,148 shares of the company’s stock worth $1,181,000 after purchasing an additional 197 shares during the period. Finally, WESPAC Advisors LLC raised its holdings in shares of iShares U.S. Insurance ETF by 20.6% in the 3rd quarter. WESPAC Advisors LLC now owns 10,828 shares of the company’s stock worth $1,397,000 after purchasing an additional 1,850 shares during the period.

iShares U.S. Insurance ETF Trading Down 0.0 %

NYSEARCA:IAK opened at $134.87 on Friday. The stock has a market capitalization of $748.53 million, a PE ratio of 12.99 and a beta of 0.80. The firm’s 50 day moving average is $130.34 and its 200 day moving average is $129.94. iShares U.S. Insurance ETF has a 12 month low of $109.09 and a 12 month high of $139.08.

iShares U.S. Insurance ETF 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.