Kestra Private Wealth Services LLC Purchases 4,819 Shares of iShares U.S. Insurance ETF (NYSEARCA:IAK)

Kestra Private Wealth Services LLC increased its position in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 121.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,781 shares of the company’s stock after acquiring an additional 4,819 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares U.S. Insurance ETF were worth $1,111,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of IAK. Silverlake Wealth Management LLC increased its stake in iShares U.S. Insurance ETF by 6.6% during the 4th quarter. Silverlake Wealth Management LLC now owns 6,648 shares of the company’s stock valued at $841,000 after purchasing an additional 412 shares in the last quarter. WESPAC Advisors SoCal LLC increased its stake in iShares U.S. Insurance ETF by 38.8% during the 4th quarter. WESPAC Advisors SoCal LLC now owns 70,103 shares of the company’s stock valued at $8,866,000 after purchasing an additional 19,580 shares in the last quarter. Fiduciary Planning LLC increased its stake in iShares U.S. Insurance ETF by 9.0% during the 4th quarter. Fiduciary Planning LLC now owns 53,142 shares of the company’s stock valued at $6,721,000 after purchasing an additional 4,400 shares in the last quarter. Spire Wealth Management increased its stake in iShares U.S. Insurance ETF by 16.7% during the 4th quarter. Spire Wealth Management now owns 1,735 shares of the company’s stock valued at $219,000 after purchasing an additional 248 shares in the last quarter. Finally, Genesee Capital Advisors LLC increased its stake in iShares U.S. Insurance ETF by 3.7% during the 4th quarter. Genesee Capital Advisors LLC now owns 9,554 shares of the company’s stock valued at $1,208,000 after purchasing an additional 342 shares in the last quarter.

iShares U.S. Insurance ETF Trading Up 1.3 %

Shares of iShares U.S. Insurance ETF stock opened at $129.50 on Friday. iShares U.S. Insurance ETF has a 12-month low of $108.14 and a 12-month high of $139.08. The firm has a market capitalization of $718.73 million, a price-to-earnings ratio of 17.19 and a beta of 0.40. The firm’s 50 day simple moving average is $127.69 and its two-hundred day simple moving average is $127.87.

About iShares U.S. Insurance ETF

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.