Ashton Thomas Private Wealth LLC Acquires Shares of 3,346 iShares U.S. Insurance ETF (NYSEARCA:IAK)

Ashton Thomas Private Wealth LLC acquired a new stake in iShares U.S. Insurance ETF (NYSEARCA:IAK) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 3,346 shares of the company’s stock, valued at approximately $423,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in iShares U.S. Insurance ETF in the 4th quarter valued at approximately $8,119,000. SPC Financial Inc. boosted its holdings in iShares U.S. Insurance ETF by 0.3% in the 4th quarter. SPC Financial Inc. now owns 167,855 shares of the company’s stock valued at $21,229,000 after purchasing an additional 434 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of iShares U.S. Insurance ETF by 108.6% during the 4th quarter. Jones Financial Companies Lllp now owns 5,522 shares of the company’s stock worth $698,000 after acquiring an additional 2,875 shares in the last quarter. Spectrum Wealth Counsel LLC boosted its stake in shares of iShares U.S. Insurance ETF by 1.0% during the 4th quarter. Spectrum Wealth Counsel LLC now owns 59,232 shares of the company’s stock worth $7,491,000 after acquiring an additional 604 shares in the last quarter. Finally, US Bancorp DE boosted its stake in shares of iShares U.S. Insurance ETF by 144.0% during the 4th quarter. US Bancorp DE now owns 4,392 shares of the company’s stock worth $555,000 after acquiring an additional 2,592 shares in the last quarter.

iShares U.S. Insurance ETF Price Performance

Shares of NYSEARCA:IAK opened at $133.36 on Tuesday. The business’s 50 day simple moving average is $128.79 and its 200-day simple moving average is $129.37. The firm has a market capitalization of $740.15 million, a price-to-earnings ratio of 12.99 and a beta of 0.80. iShares U.S. Insurance ETF has a 12 month low of $109.09 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.