Fiduciary Planning LLC Sells 4,102 Shares of iShares U.S. Insurance ETF $IAK

Fiduciary Planning LLC trimmed its holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 7.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,718 shares of the company’s stock after selling 4,102 shares during the period. iShares U.S. Insurance ETF makes up 2.3% of Fiduciary Planning LLC’s investment portfolio, making the stock its 11th biggest holding. Fiduciary Planning LLC’s holdings in iShares U.S. Insurance ETF were worth $7,088,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC boosted its holdings in shares of iShares U.S. Insurance ETF by 37.7% in the first quarter. LPL Financial LLC now owns 159,813 shares of the company’s stock worth $22,024,000 after acquiring an additional 43,716 shares during the period. Beacon Harbor Wealth Advisors Inc. purchased a new position in iShares U.S. Insurance ETF during the 1st quarter valued at about $11,958,000. Spectrum Wealth Counsel LLC grew its holdings in iShares U.S. Insurance ETF by 20.8% during the 1st quarter. Spectrum Wealth Counsel LLC now owns 71,539 shares of the company’s stock valued at $9,859,000 after buying an additional 12,307 shares in the last quarter. MinichMacGregor Wealth Management LLC increased its position in shares of iShares U.S. Insurance ETF by 26.2% during the second quarter. MinichMacGregor Wealth Management LLC now owns 69,142 shares of the company’s stock valued at $9,297,000 after buying an additional 14,355 shares during the period. Finally, Adapt Wealth Advisors LLC lifted its holdings in shares of iShares U.S. Insurance ETF by 8.2% in the first quarter. Adapt Wealth Advisors LLC now owns 62,104 shares of the company’s stock worth $8,558,000 after buying an additional 4,720 shares in the last quarter.

iShares U.S. Insurance ETF Trading Up 0.8%

IAK stock opened at $127.22 on Monday. The firm has a 50 day moving average of $132.28 and a 200-day moving average of $131.66. iShares U.S. Insurance ETF has a 12 month low of $119.23 and a 12 month high of $139.08. The firm has a market capitalization of $642.46 million, a P/E ratio of 14.11 and a beta of 0.83.

iShares U.S. Insurance ETF 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.