Genesee Capital Advisors LLC Grows Stock Holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK)

Genesee Capital Advisors LLC lifted its position in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 22.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,212 shares of the company’s stock after buying an additional 1,715 shares during the period. Genesee Capital Advisors LLC owned approximately 0.17% of iShares U.S. Insurance ETF worth $1,189,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in shares of iShares U.S. Insurance ETF in the second quarter valued at about $27,000. Larson Financial Group LLC increased its stake in iShares U.S. Insurance ETF by 24.1% during the 1st quarter. Larson Financial Group LLC now owns 1,575 shares of the company’s stock worth $185,000 after buying an additional 306 shares during the period. Saxony Capital Management LLC acquired a new position in iShares U.S. Insurance ETF in the 2nd quarter worth $242,000. Csenge Advisory Group purchased a new position in iShares U.S. Insurance ETF in the 2nd quarter valued at about $250,000. Finally, Ironsides Asset Advisors LLC acquired a new stake in shares of iShares U.S. Insurance ETF during the first quarter valued at about $274,000.

iShares U.S. Insurance ETF Stock Down 0.7 %

Shares of IAK traded down $0.98 during trading on Monday, reaching $132.31. The company’s stock had a trading volume of 30,324 shares, compared to its average volume of 72,751. iShares U.S. Insurance ETF has a twelve month low of $90.92 and a twelve month high of $133.82. The company has a fifty day moving average of $127.38 and a two-hundred day moving average of $119.22. The company has a market cap of $734.32 million, a price-to-earnings ratio of 17.19 and a beta of 0.40.

iShares U.S. Insurance ETF 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.