Fiduciary Planning LLC Increases Position in iShares U.S. Insurance ETF (NYSEARCA:IAK)

Fiduciary Planning LLC lifted its stake in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 3.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 48,742 shares of the company’s stock after acquiring an additional 1,490 shares during the period. iShares U.S. Insurance ETF accounts for 2.1% of Fiduciary Planning LLC’s portfolio, making the stock its 13th largest position. Fiduciary Planning LLC’s holdings in iShares U.S. Insurance ETF were worth $6,290,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Larson Financial Group LLC raised its stake in shares of iShares U.S. Insurance ETF by 5.5% during the second quarter. Larson Financial Group LLC now owns 1,661 shares of the company’s stock valued at $188,000 after purchasing an additional 86 shares during the period. Muirfield Wealth Advisors LLC increased its stake in iShares U.S. Insurance ETF by 2.5% during the second quarter. Muirfield Wealth Advisors LLC now owns 8,341 shares of the company’s stock valued at $942,000 after purchasing an additional 207 shares during the last quarter. International Assets Investment Management LLC bought a new stake in iShares U.S. Insurance ETF during the second quarter valued at $27,000. Brookstone Capital Management grew its position in shares of iShares U.S. Insurance ETF by 12.0% during the first quarter. Brookstone Capital Management now owns 2,876 shares of the company’s stock worth $338,000 after acquiring an additional 308 shares during the last quarter. Finally, J.W. Cole Advisors Inc. grew its position in shares of iShares U.S. Insurance ETF by 2.5% during the first quarter. J.W. Cole Advisors Inc. now owns 13,498 shares of the company’s stock worth $1,577,000 after acquiring an additional 328 shares during the last quarter.

iShares U.S. Insurance ETF Trading Up 0.5 %

IAK stock traded up $0.68 during trading on Thursday, hitting $131.32. The company had a trading volume of 8,744 shares, compared to its average volume of 72,262. iShares U.S. Insurance ETF has a fifty-two week low of $90.92 and a fifty-two week high of $133.82. The firm has a market capitalization of $728.83 million, a price-to-earnings ratio of 17.19 and a beta of 0.40. The business has a 50 day moving average of $128.12 and a 200 day moving average of $119.52.

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.