Allworth Financial LP purchased a new position in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report) in the 4th quarter, Holdings Channel reports. The firm purchased 12,735 shares of the company’s stock, valued at approximately $1,617,000.
A number of other large investors also recently modified their holdings of the company. GGM Financials LLC acquired a new stake in shares of iShares U.S. Insurance ETF during the 4th quarter worth about $7,878,000. Castleark Management LLC acquired a new stake in iShares U.S. Insurance ETF during the third quarter worth approximately $8,010,000. Miracle Mile Advisors LLC purchased a new stake in shares of iShares U.S. Insurance ETF during the 4th quarter worth approximately $7,720,000. WESPAC Advisors SoCal LLC boosted its holdings in shares of iShares U.S. Insurance ETF by 1,097.2% in 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 in the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of iShares U.S. Insurance ETF by 12,831.8% in the 3rd quarter. International Assets Investment Management LLC now owns 30,907 shares of the company’s stock valued at $3,989,000 after buying an additional 30,668 shares during the last quarter.
iShares U.S. Insurance ETF Price Performance
Shares of NYSEARCA:IAK opened at $129.01 on Wednesday. iShares U.S. Insurance ETF has a 12 month low of $109.09 and a 12 month high of $139.08. The firm has a market capitalization of $716.01 million, a P/E ratio of 17.19 and a beta of 0.40. The company’s fifty day moving average price is $127.40 and its 200 day moving average price is $128.05.
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.
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