KKM Financial LLC Boosts Stake in iShares U.S. Insurance ETF (NYSEARCA:IAK)

KKM Financial LLC increased its stake in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 2.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,148 shares of the company’s stock after acquiring an additional 197 shares during the period. KKM Financial LLC’s holdings in iShares U.S. Insurance ETF were worth $1,181,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in iShares U.S. Insurance ETF during the second quarter worth about $27,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in iShares U.S. Insurance ETF in the 3rd quarter worth approximately $180,000. Larson Financial Group LLC boosted its stake in iShares U.S. Insurance ETF by 5.5% in the second quarter. Larson Financial Group LLC now owns 1,661 shares of the company’s stock worth $188,000 after buying an additional 86 shares in the last quarter. Raymond James Trust N.A. bought a new position in iShares U.S. Insurance ETF during the third quarter valued at approximately $222,000. Finally, Legacy Capital Group California Inc. purchased a new position in shares of iShares U.S. Insurance ETF during the third quarter worth approximately $238,000.

iShares U.S. Insurance ETF Stock Performance

Shares of iShares U.S. Insurance ETF stock opened at $136.03 on Friday. iShares U.S. Insurance ETF has a 52-week low of $97.60 and a 52-week high of $136.18. The company has a fifty day moving average of $129.98 and a 200-day moving average of $122.09. The stock has a market capitalization of $754.97 million, a price-to-earnings ratio of 17.19 and a beta of 0.40.

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.