iShares U.S. Insurance ETF $IAK Shares Sold by Prospera Financial Services Inc

Prospera Financial Services Inc lowered its position in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 96.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,869 shares of the company’s stock after selling 75,794 shares during the period. Prospera Financial Services Inc owned about 0.09% of iShares U.S. Insurance ETF worth $391,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. National Bank of Canada FI raised its position in shares of iShares U.S. Insurance ETF by 61.5% in the third quarter. National Bank of Canada FI now owns 260 shares of the company’s stock worth $35,000 after acquiring an additional 99 shares during the period. Great Valley Advisor Group Inc. raised its position in shares of iShares U.S. Insurance ETF by 1.2% in the second quarter. Great Valley Advisor Group Inc. now owns 12,398 shares of the company’s stock worth $1,667,000 after acquiring an additional 152 shares during the period. Private Advisor Group LLC raised its position in shares of iShares U.S. Insurance ETF by 4.3% in the third quarter. Private Advisor Group LLC now owns 4,654 shares of the company’s stock worth $624,000 after acquiring an additional 193 shares during the period. International Assets Investment Management LLC acquired a new position in shares of iShares U.S. Insurance ETF in the fourth quarter worth about $31,000. Finally, WT Wealth Management raised its position in shares of iShares U.S. Insurance ETF by 5.8% in the fourth quarter. WT Wealth Management now owns 4,210 shares of the company’s stock worth $573,000 after acquiring an additional 232 shares during the period.

iShares U.S. Insurance ETF Price Performance

IAK stock opened at $128.37 on Monday. iShares U.S. Insurance ETF has a 52 week low of $124.62 and a 52 week high of $138.66. The firm has a 50-day simple moving average of $130.89 and a 200-day simple moving average of $132.94. The stock has a market capitalization of $359.44 million, a P/E ratio of 14.11 and a beta of 0.54.

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.