12,675 Shares in iShares U.S. Insurance ETF (NYSEARCA:IAK) Purchased by Essential Planning LLC.

Essential Planning LLC. acquired a new position in shares of iShares U.S. Insurance ETF (NYSEARCA:IAKFree Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 12,675 shares of the company’s stock, valued at approximately $1,653,000. Essential Planning LLC. owned approximately 0.23% of iShares U.S. Insurance ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the company. Hollencrest Capital Management bought a new position in shares of iShares U.S. Insurance ETF during the fourth quarter worth about $4,557,000. PFG Advisors boosted its position in iShares U.S. Insurance ETF by 16.7% during the fourth quarter. PFG Advisors now owns 12,171 shares of the company’s stock valued at $1,539,000 after purchasing an additional 1,739 shares during the last quarter. Wealthfront Advisers LLC acquired a new position in iShares U.S. Insurance ETF during the fourth quarter valued at approximately $4,554,000. Ashton Thomas Private Wealth LLC acquired a new position in iShares U.S. Insurance ETF during the fourth quarter valued at approximately $423,000. Finally, Raymond James Financial Inc. acquired a new position in iShares U.S. Insurance ETF during the fourth quarter valued at approximately $8,119,000.

iShares U.S. Insurance ETF Stock Performance

Shares of NYSEARCA IAK opened at $131.86 on Thursday. The stock has a 50 day moving average price of $129.07 and a 200 day moving average price of $129.51. 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 $731.82 million, a PE ratio of 12.99 and a beta of 0.80.

iShares U.S. Insurance ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares U.S. Insurance ETF (NYSEARCA:IAK)

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