Well Done LLC Acquires 1,437 Shares of iShares U.S. Insurance ETF (NYSEARCA:IAK)

Well Done LLC increased its position in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 4.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,727 shares of the company’s stock after purchasing an additional 1,437 shares during the period. iShares U.S. Insurance ETF makes up approximately 0.9% of Well Done LLC’s holdings, making the stock its 25th biggest position. Well Done LLC owned 0.66% of iShares U.S. Insurance ETF worth $4,771,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Harbour Investments Inc. purchased a new position in iShares U.S. Insurance ETF in the 4th quarter worth about $25,000. Farther Finance Advisors LLC purchased a new stake in iShares U.S. Insurance ETF in the 1st quarter worth approximately $41,000. Redwood Park Advisors LLC bought a new position in iShares U.S. Insurance ETF in the 4th quarter worth approximately $44,000. Aptus Capital Advisors LLC bought a new position in iShares U.S. Insurance ETF in the 4th quarter worth approximately $54,000. Finally, Russell Investments Group Ltd. boosted its stake in iShares U.S. Insurance ETF by 325.4% in the 4th quarter. Russell Investments Group Ltd. now owns 889 shares of the company’s stock worth $112,000 after purchasing an additional 680 shares during the period.

iShares U.S. Insurance ETF Price Performance

IAK stock opened at $131.11 on Thursday. iShares U.S. Insurance ETF has a 1-year low of $111.55 and a 1-year high of $139.08. The company has a market capitalization of $825.99 million, a price-to-earnings ratio of 13.69 and a beta of 0.69. The business has a 50 day simple moving average of $133.00 and a two-hundred day simple moving average of $131.11.

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.