iShares U.S. Insurance ETF (NYSEARCA:IAK) Shares Sold by Stonebridge Financial Planning Group LLC

Stonebridge Financial Planning Group LLC trimmed its position in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 34.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,693 shares of the company’s stock after selling 8,805 shares during the quarter. iShares U.S. Insurance ETF comprises 1.0% of Stonebridge Financial Planning Group LLC’s holdings, making the stock its 29th largest position. Stonebridge Financial Planning Group LLC’s holdings in iShares U.S. Insurance ETF were worth $1,671,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Kestra Private Wealth Services LLC raised its holdings in shares of iShares U.S. Insurance ETF by 46.6% during the fourth quarter. Kestra Private Wealth Services LLC now owns 4,425 shares of the company’s stock worth $443,000 after purchasing an additional 1,406 shares during the last quarter. Citizens Financial Group Inc. RI acquired a new stake in iShares U.S. Insurance ETF during the 4th quarter worth about $651,000. Atria Wealth Solutions Inc. raised its stake in shares of iShares U.S. Insurance ETF by 22.0% during the 4th quarter. Atria Wealth Solutions Inc. now owns 9,161 shares of the company’s stock valued at $917,000 after buying an additional 1,651 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of iShares U.S. Insurance ETF by 13.0% in the fourth quarter. Larson Financial Group LLC now owns 1,269 shares of the company’s stock worth $127,000 after buying an additional 146 shares during the last quarter. Finally, Lee Danner & Bass Inc. grew its holdings in iShares U.S. Insurance ETF by 965.4% during the fourth quarter. Lee Danner & Bass Inc. now owns 40,859 shares of the company’s stock worth $4,091,000 after acquiring an additional 37,024 shares during the period.

iShares U.S. Insurance ETF Price Performance

IAK stock traded down $0.08 during trading on Tuesday, hitting $111.64. 37,714 shares of the company traded hands, compared to its average volume of 76,005. iShares U.S. Insurance ETF has a 1 year low of $82.29 and a 1 year high of $117.60. The stock’s 50-day simple moving average is $113.24 and its 200 day simple moving average is $104.81. The company has a market cap of $602.86 million, a PE ratio of 16.78 and a beta of 0.48.

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.