Planned Solutions Inc. purchased a new stake in iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 731 shares of the company’s stock, valued at approximately $73,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Citigroup Inc. acquired a new position in shares of iShares U.S. Insurance ETF during the first quarter valued at about $28,000. Tower Research Capital LLC TRC acquired a new position in iShares U.S. Insurance ETF during the 1st quarter valued at about $54,000. Larson Financial Group LLC increased its holdings in iShares U.S. Insurance ETF by 17.3% during the 3rd quarter. Larson Financial Group LLC now owns 1,123 shares of the company’s stock worth $103,000 after purchasing an additional 166 shares in the last quarter. Comerica Bank purchased a new stake in shares of iShares U.S. Insurance ETF in the third quarter worth approximately $105,000. Finally, FMR LLC boosted its position in shares of iShares U.S. Insurance ETF by 7.8% during the third quarter. FMR LLC now owns 1,598 shares of the company’s stock valued at $146,000 after buying an additional 116 shares during the last quarter.
iShares U.S. Insurance ETF Trading Up 1.2 %
NYSEARCA IAK opened at $116.94 on Thursday. The business has a fifty day simple moving average of $110.24 and a 200 day simple moving average of $101.39. iShares U.S. Insurance ETF has a 12 month low of $82.29 and a 12 month high of $116.95. The firm has a market capitalization of $473.61 million, a P/E ratio of 13.59 and a beta of 0.83.
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 Stories
- Five stocks we like better than iShares U.S. Insurance ETF
- Stock Market Upgrades: What Are They?
- Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
- Learn Technical Analysis Skills to Master the Stock Market
- Delta Airline’s Put Option Activity Isn’t Bad News
- What is MarketRank™? How to Use it
- Krispy Kreme’s Sweet Deal: McDonald’s Partnership Sparks Growth?
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.
