iShares U.S. Insurance ETF $IAK Shares Bought by Northstar Financial Companies Inc.

Northstar Financial Companies Inc. lifted its position in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 107.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 14,286 shares of the company’s stock after acquiring an additional 7,393 shares during the period. iShares U.S. Insurance ETF accounts for 1.5% of Northstar Financial Companies Inc.’s portfolio, making the stock its 19th biggest holding. Northstar Financial Companies Inc. owned about 0.51% of iShares U.S. Insurance ETF worth $1,833,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. MML Investors Services LLC boosted its stake in iShares U.S. Insurance ETF by 48.8% during the 2nd quarter. MML Investors Services LLC now owns 218,944 shares of the company’s stock valued at $29,439,000 after purchasing an additional 71,783 shares during the period. Bank of America Corp DE grew its position in iShares U.S. Insurance ETF by 6.7% in the 2nd quarter. Bank of America Corp DE now owns 123,116 shares of the company’s stock worth $16,554,000 after purchasing an additional 7,703 shares during the last quarter. Advisory Services Network LLC increased its stake in shares of iShares U.S. Insurance ETF by 9.0% in the third quarter. Advisory Services Network LLC now owns 116,213 shares of the company’s stock valued at $15,576,000 after purchasing an additional 9,617 shares during the period. Raymond James Financial Inc. increased its stake in shares of iShares U.S. Insurance ETF by 64.0% in the second quarter. Raymond James Financial Inc. now owns 94,246 shares of the company’s stock valued at $12,672,000 after purchasing an additional 36,786 shares during the period. Finally, GGM Financials LLC raised its holdings in shares of iShares U.S. Insurance ETF by 2.2% during the fourth quarter. GGM Financials LLC now owns 72,781 shares of the company’s stock valued at $9,909,000 after buying an additional 1,553 shares during the last quarter.

iShares U.S. Insurance ETF Trading Down 1.7%

Shares of NYSEARCA IAK opened at $145.36 on Wednesday. iShares U.S. Insurance ETF has a 12-month low of $124.62 and a 12-month high of $150.18. The company has a market cap of $472.42 million, a PE ratio of 14.11 and a beta of 0.51. The stock has a 50 day simple moving average of $136.12 and a 200-day simple moving average of $133.85.

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.