iShares U.S. Insurance ETF $IAK Stake Raised by RFG Advisory LLC

RFG Advisory LLC raised its holdings in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 16.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 30,765 shares of the company’s stock after purchasing an additional 4,411 shares during the period. RFG Advisory LLC’s holdings in iShares U.S. Insurance ETF were worth $4,123,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in IAK. Trust Co. of Vermont acquired a new stake in shares of iShares U.S. Insurance ETF during the third quarter worth approximately $34,000. Financial Consulate Inc. acquired a new position in iShares U.S. Insurance ETF in the 3rd quarter valued at approximately $35,000. Ameritas Advisory Services LLC purchased a new stake in iShares U.S. Insurance ETF in the 2nd quarter worth approximately $41,000. Harbor Asset Planning Inc. acquired a new stake in shares of iShares U.S. Insurance ETF during the 2nd quarter valued at $98,000. Finally, Realta Investment Advisors boosted its stake in shares of iShares U.S. Insurance ETF by 186.0% during the 3rd quarter. Realta Investment Advisors now owns 815 shares of the company’s stock valued at $109,000 after buying an additional 530 shares during the period.

iShares U.S. Insurance ETF Trading Down 2.1%

NYSEARCA IAK opened at $133.74 on Tuesday. iShares U.S. Insurance ETF has a 1-year low of $119.23 and a 1-year high of $138.99. The firm’s fifty day simple moving average is $134.18 and its 200-day simple moving average is $132.25. The company has a market capitalization of $427.97 million, a PE ratio of 14.11 and a beta of 0.65.

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.