12,794 Shares of iShares U.S. Insurance ETF $IAK Bought by Leuthold Group LLC

Leuthold Group LLC acquired a new position in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,794 shares of the company’s stock, valued at approximately $1,734,000. Leuthold Group LLC owned about 0.41% of iShares U.S. Insurance ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the stock. Cetera Investment Advisers raised its holdings in iShares U.S. Insurance ETF by 100.1% in the 1st quarter. Cetera Investment Advisers now owns 20,725 shares of the company’s stock worth $2,659,000 after purchasing an additional 10,366 shares in the last quarter. D.A. Davidson & CO. purchased a new stake in shares of iShares U.S. Insurance ETF in the 3rd quarter worth about $1,149,000. Northstar Financial Companies Inc. lifted its position in shares of iShares U.S. Insurance ETF by 107.3% in the 1st quarter. Northstar Financial Companies Inc. now owns 14,286 shares of the company’s stock worth $1,833,000 after purchasing an additional 7,393 shares during the period. AdvisorNet Financial Inc bought a new stake in shares of iShares U.S. Insurance ETF during the 3rd quarter valued at about $542,000. Finally, Sonata Capital Group Inc. bought a new stake in shares of iShares U.S. Insurance ETF during the 3rd quarter valued at about $413,000.

iShares U.S. Insurance ETF Trading Up 1.5%

Shares of IAK opened at $152.23 on Wednesday. iShares U.S. Insurance ETF has a 1-year low of $125.38 and a 1-year high of $156.68. The firm’s 50-day moving average price is $143.95 and its 200-day moving average price is $138.40. The firm has a market capitalization of $494.75 million, a price-to-earnings ratio of 14.11 and a beta of 0.47.

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.