Fiduciary Planning LLC lifted its holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report) by 6.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 56,820 shares of the company’s stock after buying an additional 3,678 shares during the quarter. iShares U.S. Insurance ETF comprises 2.6% of Fiduciary Planning LLC’s portfolio, making the stock its 11th biggest holding. Fiduciary Planning LLC owned about 0.99% of iShares U.S. Insurance ETF worth $7,830,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Harbour Investments Inc. acquired a new position in iShares U.S. Insurance ETF during the 4th quarter worth $25,000. Redwood Park Advisors LLC acquired a new stake in shares of iShares U.S. Insurance ETF in the 4th quarter valued at $44,000. Aptus Capital Advisors LLC bought a new stake in shares of iShares U.S. Insurance ETF during the fourth quarter worth $54,000. Russell Investments Group Ltd. lifted its stake in shares of iShares U.S. Insurance ETF by 325.4% during the fourth quarter. Russell Investments Group Ltd. now owns 889 shares of the company’s stock valued at $112,000 after acquiring an additional 680 shares during the period. Finally, NBC Securities Inc. acquired a new position in shares of iShares U.S. Insurance ETF during the first quarter valued at $132,000.
iShares U.S. Insurance ETF Stock Up 0.9%
iShares U.S. Insurance ETF stock opened at $136.16 on Friday. The business’s 50-day simple moving average is $132.42 and its 200 day simple moving average is $131.34. The stock has a market cap of $837.38 million, a price-to-earnings ratio of 13.69 and a beta of 0.69. iShares U.S. Insurance ETF has a 12-month low of $110.92 and a 12-month high of $139.08.
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.
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