RFG Advisory LLC trimmed its position in iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report) by 18.2% in the second quarter, HoldingsChannel reports. The firm owned 28,550 shares of the company’s stock after selling 6,337 shares during the quarter. RFG Advisory LLC’s holdings in iShares U.S. Insurance ETF were worth $4,013,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Baird Financial Group Inc. boosted its stake in shares of iShares U.S. Insurance ETF by 0.4% in the 2nd quarter. Baird Financial Group Inc. now owns 20,523 shares of the company’s stock worth $2,885,000 after buying an additional 79 shares during the last quarter. Wealthfront Advisers LLC increased its position in shares of iShares U.S. Insurance ETF by 5.7% during the first quarter. Wealthfront Advisers LLC now owns 1,675 shares of the company’s stock valued at $215,000 after acquiring an additional 90 shares during the last quarter. National Bank of Canada FI lifted its holdings in iShares U.S. Insurance ETF by 61.5% during the third quarter. National Bank of Canada FI now owns 260 shares of the company’s stock worth $35,000 after acquiring an additional 99 shares during the period. Mariner LLC boosted its position in iShares U.S. Insurance ETF by 1.3% in the fourth quarter. Mariner LLC now owns 10,271 shares of the company’s stock worth $1,398,000 after purchasing an additional 132 shares during the last quarter. Finally, Great Valley Advisor Group Inc. boosted its position in iShares U.S. Insurance ETF by 1.2% in the second quarter. Great Valley Advisor Group Inc. now owns 12,398 shares of the company’s stock worth $1,667,000 after purchasing an additional 152 shares during the last quarter.
iShares U.S. Insurance ETF Price Performance
Shares of NYSEARCA:IAK opened at $142.94 on Thursday. The company has a market capitalization of $521.73 million, a PE ratio of 14.11 and a beta of 0.50. The business has a fifty day moving average price of $146.03 and a two-hundred day moving average price of $137.30. iShares U.S. Insurance ETF has a 1 year low of $124.62 and a 1 year high of $152.38.
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.
Further Reading
- Five stocks we like better than iShares U.S. Insurance ETF
- Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
- GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
- Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
- Sovereign AI: Palantir and Nebius Cut the Cloud Cord
Want to see what other hedge funds are holding IAK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report).
Receive News & Ratings for iShares U.S. Insurance ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Insurance ETF and related companies with MarketBeat.com's FREE daily email newsletter.
