Larson Financial Group LLC Has $228,000 Stock Position in iShares U.S. Insurance ETF (NYSEARCA:IAK)

Larson Financial Group LLC lifted its position in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 6.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 1,766 shares of the company’s stock after purchasing an additional 105 shares during the period. Larson Financial Group LLC’s holdings in iShares U.S. Insurance ETF were worth $228,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Winthrop Advisory Group LLC lifted its stake in shares of iShares U.S. Insurance ETF by 4.1% in the third quarter. Winthrop Advisory Group LLC now owns 2,510 shares of the company’s stock worth $324,000 after buying an additional 100 shares during the last quarter. Sonata Capital Group Inc. raised its stake in iShares U.S. Insurance ETF by 4.2% during the 3rd quarter. Sonata Capital Group Inc. now owns 3,750 shares of the company’s stock valued at $484,000 after purchasing an additional 150 shares during the last quarter. KKM Financial LLC raised its stake in iShares U.S. Insurance ETF by 2.2% during the 3rd quarter. KKM Financial LLC now owns 9,148 shares of the company’s stock valued at $1,181,000 after purchasing an additional 197 shares during the last quarter. Muirfield Wealth Advisors LLC raised its stake in iShares U.S. Insurance ETF by 2.5% during the 2nd quarter. Muirfield Wealth Advisors LLC now owns 8,341 shares of the company’s stock valued at $942,000 after purchasing an additional 207 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in iShares U.S. Insurance ETF during the 2nd quarter valued at $27,000.

iShares U.S. Insurance ETF Price Performance

NYSEARCA:IAK opened at $138.13 on Thursday. The stock has a market cap of $766.62 million, a P/E ratio of 17.19 and a beta of 0.40. iShares U.S. Insurance ETF has a one year low of $97.60 and a one year high of $139.08. The company has a fifty day moving average price of $130.45 and a 200 day moving average price of $122.53.

About iShares U.S. Insurance ETF

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.