Hollencrest Capital Management purchased a new stake in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 36,032 shares of the company’s stock, valued at approximately $4,557,000. Hollencrest Capital Management owned about 0.65% of iShares U.S. Insurance ETF at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in IAK. AdvisorNet Financial Inc grew its holdings in shares of iShares U.S. Insurance ETF by 21.0% in the fourth quarter. AdvisorNet Financial Inc now owns 962 shares of the company’s stock valued at $122,000 after purchasing an additional 167 shares in the last quarter. Raymond James Trust N.A. acquired a new position in shares of iShares U.S. Insurance ETF in the third quarter valued at approximately $222,000. Spire Wealth Management grew its holdings in shares of iShares U.S. Insurance ETF by 16.7% in the fourth quarter. Spire Wealth Management now owns 1,735 shares of the company’s stock valued at $219,000 after purchasing an additional 248 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of iShares U.S. Insurance ETF by 6.3% in the third quarter. Larson Financial Group LLC now owns 1,766 shares of the company’s stock valued at $228,000 after purchasing an additional 105 shares in the last quarter. Finally, L.M. Kohn & Company acquired a new position in shares of iShares U.S. Insurance ETF in the third quarter valued at approximately $250,000.
iShares U.S. Insurance ETF Stock Down 0.3 %
NYSEARCA IAK opened at $132.94 on Wednesday. iShares U.S. Insurance ETF has a 52 week low of $109.09 and a 52 week high of $139.08. The stock has a market capitalization of $737.82 million, a PE ratio of 12.99 and a beta of 0.80. The firm has a 50 day moving average of $128.94 and a two-hundred day moving average of $129.44.
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.
Featured Articles
- Five stocks we like better than iShares U.S. Insurance ETF
- Election Stocks: How Elections Affect the Stock Market
- NVIDIA Stock Remains Stunningly Undervalued—Here’s Why
- Profitably Trade Stocks at 52-Week Highs
- Oracle Stock: 5 Reasons This AI Powerhouse Is a Long-Term Buy
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- U.S. Stocks Sink, Foreign Markets Soar: 3 ETFs to Ride the Wave
Want to see what other hedge funds are holding IAK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report).
Receive News & Ratings for iShares U.S. Insurance ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Insurance ETF and related companies with MarketBeat.com's FREE daily email newsletter.
