Cadent Capital Advisors LLC lessened its stake in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report) by 6.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 38,915 shares of the company’s stock after selling 2,543 shares during the period. iShares U.S. Insurance ETF comprises about 1.5% of Cadent Capital Advisors LLC’s portfolio, making the stock its 18th largest holding. Cadent Capital Advisors LLC owned 0.70% of iShares U.S. Insurance ETF worth $5,022,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Osaic Holdings Inc. increased its position in shares of iShares U.S. Insurance ETF by 6.2% in the first quarter. Osaic Holdings Inc. now owns 173,135 shares of the company’s stock worth $20,311,000 after acquiring an additional 10,148 shares in the last quarter. Fortis Group Advisors LLC raised its stake in iShares U.S. Insurance ETF by 16.1% during the 2nd quarter. Fortis Group Advisors LLC now owns 64,687 shares of the company’s stock valued at $7,304,000 after purchasing an additional 8,980 shares during the period. Legend Financial Advisors Inc. lifted its holdings in shares of iShares U.S. Insurance ETF by 0.7% in the second quarter. Legend Financial Advisors Inc. now owns 55,741 shares of the company’s stock valued at $6,294,000 after purchasing an additional 406 shares in the last quarter. Spectrum Wealth Counsel LLC boosted its position in shares of iShares U.S. Insurance ETF by 12,119.3% in the second quarter. Spectrum Wealth Counsel LLC now owns 53,765 shares of the company’s stock worth $6,071,000 after buying an additional 53,325 shares during the period. Finally, Private Advisor Group LLC boosted its position in iShares U.S. Insurance ETF by 299.0% during the 2nd quarter. Private Advisor Group LLC now owns 50,724 shares of the company’s stock worth $5,728,000 after acquiring an additional 38,012 shares during the period.
iShares U.S. Insurance ETF Price Performance
NYSEARCA:IAK opened at $133.29 on Friday. iShares U.S. Insurance ETF has a fifty-two week low of $90.92 and a fifty-two week high of $133.82. The stock has a market cap of $739.76 million, a PE ratio of 17.19 and a beta of 0.40. The stock’s 50-day moving average is $127.38 and its two-hundred day moving average is $119.20.
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.
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