KKM Financial LLC raised its holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report) by 2.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,148 shares of the company’s stock after purchasing an additional 197 shares during the period. KKM Financial LLC owned 0.16% of iShares U.S. Insurance ETF worth $1,181,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. International Assets Investment Management LLC purchased a new position in iShares U.S. Insurance ETF in the 2nd quarter valued at approximately $27,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares U.S. Insurance ETF in the third quarter worth $180,000. Larson Financial Group LLC grew its position in shares of iShares U.S. Insurance ETF by 5.5% in the second quarter. Larson Financial Group LLC now owns 1,661 shares of the company’s stock valued at $188,000 after purchasing an additional 86 shares in the last quarter. Raymond James Trust N.A. purchased a new position in shares of iShares U.S. Insurance ETF in the third quarter valued at $222,000. Finally, Legacy Capital Group California Inc. bought a new stake in shares of iShares U.S. Insurance ETF during the 3rd quarter valued at $238,000.
iShares U.S. Insurance ETF Stock Up 0.8 %
Shares of NYSEARCA IAK opened at $136.03 on Friday. The business has a 50-day simple moving average of $129.98 and a two-hundred day simple moving average of $122.09. iShares U.S. Insurance ETF has a 52 week low of $97.60 and a 52 week high of $136.18. The company has a market cap of $754.97 million, a P/E ratio of 17.19 and a beta of 0.40.
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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