iShares U.S. Insurance ETF (NYSEARCA:IAK) Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. cut its stake in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 4.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,069 shares of the company’s stock after selling 480 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares U.S. Insurance ETF were worth $1,273,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IAK. MML Investors Services LLC increased its position in iShares U.S. Insurance ETF by 1.6% during the third quarter. MML Investors Services LLC now owns 218,558 shares of the company’s stock worth $28,205,000 after purchasing an additional 3,489 shares during the last quarter. Castleark Management LLC purchased a new stake in shares of iShares U.S. Insurance ETF in the 3rd quarter valued at approximately $8,010,000. Miracle Mile Advisors LLC acquired a new stake in shares of iShares U.S. Insurance ETF during the 4th quarter worth approximately $7,720,000. WESPAC Advisors SoCal LLC raised its position in shares of iShares U.S. Insurance ETF by 1,097.2% during the 3rd quarter. WESPAC Advisors SoCal LLC now owns 50,523 shares of the company’s stock valued at $6,520,000 after buying an additional 46,303 shares during the period. Finally, Prospera Financial Services Inc raised its position in shares of iShares U.S. Insurance ETF by 2.5% during the 3rd quarter. Prospera Financial Services Inc now owns 49,299 shares of the company’s stock valued at $6,362,000 after buying an additional 1,193 shares during the period.

iShares U.S. Insurance ETF Stock Performance

Shares of iShares U.S. Insurance ETF stock opened at $126.60 on Monday. The stock has a 50 day moving average of $129.40 and a 200 day moving average of $126.74. The firm has a market capitalization of $702.63 million, a price-to-earnings ratio of 17.19 and a beta of 0.40. iShares U.S. Insurance ETF has a fifty-two week low of $104.00 and a fifty-two week high of $139.08.

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.