Delos Wealth Advisors LLC Increases Position in iShares U.S. Insurance ETF (NYSEARCA:IAK)

Delos Wealth Advisors LLC lifted its stake in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 41.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,672 shares of the company’s stock after purchasing an additional 2,240 shares during the period. Delos Wealth Advisors LLC’s holdings in iShares U.S. Insurance ETF were worth $970,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new stake in shares of iShares U.S. Insurance ETF during the 4th quarter valued at approximately $8,119,000. GGM Financials LLC purchased a new position in iShares U.S. Insurance ETF in the 4th quarter valued at approximately $7,878,000. Castleark Management LLC acquired a new position in iShares U.S. Insurance ETF during the third quarter worth $8,010,000. Miracle Mile Advisors LLC acquired a new position in iShares U.S. Insurance ETF during the fourth quarter worth $7,720,000. Finally, Hollencrest Capital Management purchased a new stake in iShares U.S. Insurance ETF during the fourth quarter worth $4,557,000.

iShares U.S. Insurance ETF Stock Down 0.6 %

Shares of IAK stock opened at $136.18 on Friday. The stock has a market cap of $796.65 million, a P/E ratio of 12.85 and a beta of 0.80. iShares U.S. Insurance ETF has a fifty-two week low of $109.09 and a fifty-two week high of $139.08. The business has a fifty day simple moving average of $131.58 and a 200-day simple moving average of $130.25.

iShares U.S. Insurance ETF 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.