Muirfield Wealth Advisors LLC lowered its stake in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report) by 8.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,376 shares of the company’s stock after selling 395 shares during the period. Muirfield Wealth Advisors LLC owned approximately 0.08% of iShares U.S. Insurance ETF worth $588,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of IAK. Beacon Harbor Wealth Advisors Inc. purchased a new position in iShares U.S. Insurance ETF during the first quarter worth approximately $11,958,000. Federation des caisses Desjardins du Quebec purchased a new position in iShares U.S. Insurance ETF during the first quarter worth approximately $6,621,000. LPL Financial LLC raised its stake in iShares U.S. Insurance ETF by 37.7% during the first quarter. LPL Financial LLC now owns 159,813 shares of the company’s stock worth $22,024,000 after purchasing an additional 43,716 shares during the period. Jackson Wealth Management LLC acquired a new stake in shares of iShares U.S. Insurance ETF in the first quarter worth $5,020,000. Finally, Jmac Enterprises LLC acquired a new stake in shares of iShares U.S. Insurance ETF in the second quarter worth $4,242,000.
iShares U.S. Insurance ETF Stock Down 1.2%
iShares U.S. Insurance ETF stock opened at $131.83 on Friday. iShares U.S. Insurance ETF has a 52-week low of $119.23 and a 52-week high of $139.08. The firm has a fifty day moving average of $132.16 and a 200-day moving average of $131.96. The firm has a market capitalization of $659.15 million, a P/E ratio of 14.11 and a beta of 0.83.
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.
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