iShares U.S. Insurance ETF (NYSEARCA:IAK) Shares Purchased by RFG Advisory LLC

RFG Advisory LLC boosted its holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 799.5% during the fourth quarter, HoldingsChannel reports. The fund owned 16,497 shares of the company’s stock after buying an additional 14,663 shares during the period. RFG Advisory LLC’s holdings in iShares U.S. Insurance ETF were worth $2,086,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in IAK. Winthrop Advisory Group LLC raised its position in iShares U.S. Insurance ETF by 4.1% in the third quarter. Winthrop Advisory Group LLC now owns 2,510 shares of the company’s stock valued at $324,000 after purchasing an additional 100 shares during the period. Larson Financial Group LLC raised its position in iShares U.S. Insurance ETF by 6.3% in the third quarter. Larson Financial Group LLC now owns 1,766 shares of the company’s stock valued at $228,000 after purchasing an additional 105 shares during the period. Sonata Capital Group Inc. raised its position in iShares U.S. Insurance ETF by 4.2% in the third quarter. Sonata Capital Group Inc. now owns 3,750 shares of the company’s stock valued at $484,000 after purchasing an additional 150 shares during the period. AdvisorNet Financial Inc raised its position in iShares U.S. Insurance ETF by 21.0% in the fourth quarter. AdvisorNet Financial Inc now owns 962 shares of the company’s stock valued at $122,000 after purchasing an additional 167 shares during the period. Finally, KKM Financial LLC raised its position in iShares U.S. Insurance ETF by 2.2% in the third quarter. KKM Financial LLC now owns 9,148 shares of the company’s stock valued at $1,181,000 after purchasing an additional 197 shares during the period.

iShares U.S. Insurance ETF Stock Up 0.1 %

Shares of NYSEARCA IAK opened at $126.60 on Friday. The firm has a market cap of $702.63 million, a price-to-earnings ratio of 17.19 and a beta of 0.40. iShares U.S. Insurance ETF has a 52-week low of $104.00 and a 52-week high of $139.08. The business’s 50 day moving average is $129.40 and its two-hundred day moving average is $126.64.

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.