WT Wealth Management Acquires 309 Shares of iShares U.S. Insurance ETF (NYSEARCA:IAK)

WT Wealth Management grew its holdings in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 1.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,310 shares of the company’s stock after buying an additional 309 shares during the period. iShares U.S. Insurance ETF accounts for approximately 1.0% of WT Wealth Management’s holdings, making the stock its 28th biggest position. WT Wealth Management’s holdings in iShares U.S. Insurance ETF were worth $3,327,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Winthrop Advisory Group LLC boosted its holdings in shares of iShares U.S. Insurance ETF by 4.1% during the 3rd quarter. Winthrop Advisory Group LLC now owns 2,510 shares of the company’s stock valued at $324,000 after buying an additional 100 shares in the last quarter. Larson Financial Group LLC raised its position in shares of iShares U.S. Insurance ETF by 6.3% in the 3rd quarter. Larson Financial Group LLC now owns 1,766 shares of the company’s stock worth $228,000 after purchasing an additional 105 shares during the last quarter. Sonata Capital Group Inc. raised its position in shares of iShares U.S. Insurance ETF by 4.2% in the 3rd quarter. Sonata Capital Group Inc. now owns 3,750 shares of the company’s stock worth $484,000 after purchasing an additional 150 shares during the last quarter. AdvisorNet Financial Inc raised its position in shares of iShares U.S. Insurance ETF by 21.0% in the 4th quarter. AdvisorNet Financial Inc now owns 962 shares of the company’s stock worth $122,000 after purchasing an additional 167 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC raised its position in shares of iShares U.S. Insurance ETF by 4.1% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 4,701 shares of the company’s stock worth $595,000 after purchasing an additional 186 shares during the last quarter.

iShares U.S. Insurance ETF Price Performance

IAK opened at $131.20 on Thursday. The stock has a 50-day moving average price of $127.63 and a 200-day moving average price of $128.65. The firm has a market cap of $728.16 million, a PE ratio of 17.19 and a beta of 0.40. iShares U.S. Insurance ETF has a 1 year low of $109.09 and a 1 year 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.