Flow Traders U.S. LLC acquired a new stake in iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund acquired 4,991 shares of the company’s stock, valued at approximately $671,000.
A number of other institutional investors have also recently made changes to their positions in IAK. VestGen Advisors LLC lifted its holdings in iShares U.S. Insurance ETF by 13.6% during the 2nd quarter. VestGen Advisors LLC now owns 15,648 shares of the company’s stock worth $2,104,000 after buying an additional 1,872 shares in the last quarter. Leuthold Group LLC increased its position in shares of iShares U.S. Insurance ETF by 2.7% during the second quarter. Leuthold Group LLC now owns 7,308 shares of the company’s stock worth $983,000 after acquiring an additional 189 shares during the period. Martin & Co. Inc. TN raised its stake in shares of iShares U.S. Insurance ETF by 0.3% in the second quarter. Martin & Co. Inc. TN now owns 27,079 shares of the company’s stock valued at $3,641,000 after acquiring an additional 84 shares in the last quarter. J.W. Cole Advisors Inc. purchased a new position in iShares U.S. Insurance ETF in the second quarter valued at $1,723,000. Finally, Steward Partners Investment Advisory LLC grew its stake in iShares U.S. Insurance ETF by 28.6% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 5,615 shares of the company’s stock worth $755,000 after purchasing an additional 1,250 shares in the last quarter.
iShares U.S. Insurance ETF Price Performance
Shares of NYSEARCA IAK opened at $132.72 on Thursday. The company has a market cap of $650.33 million, a price-to-earnings ratio of 14.11 and a beta of 0.65. The stock’s 50-day moving average is $131.27 and its two-hundred day moving average is $131.54. iShares U.S. Insurance ETF has a 1-year low of $119.23 and a 1-year high of $138.99.
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.
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