Centaurus Financial Inc. Sells 305 Shares of iShares U.S. Insurance ETF (NYSEARCA:IAK)

Centaurus Financial Inc. trimmed its position in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 17.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,415 shares of the company’s stock after selling 305 shares during the quarter. Centaurus Financial Inc.’s holdings in iShares U.S. Insurance ETF were worth $183,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IAK. Larson Financial Group LLC raised its stake in iShares U.S. Insurance ETF by 5.5% during the 2nd quarter. Larson Financial Group LLC now owns 1,661 shares of the company’s stock worth $188,000 after buying an additional 86 shares during the period. Winthrop Advisory Group LLC raised its position in shares of iShares U.S. Insurance ETF by 4.1% during the third quarter. Winthrop Advisory Group LLC now owns 2,510 shares of the company’s stock worth $324,000 after purchasing an additional 100 shares during the period. Sonata Capital Group Inc. lifted its holdings in shares of iShares U.S. Insurance ETF by 4.2% during the 3rd 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 in the last quarter. KKM Financial LLC lifted its holdings in shares of iShares U.S. Insurance ETF by 2.2% during the 3rd 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 in the last quarter. Finally, Muirfield Wealth Advisors LLC increased its stake in iShares U.S. Insurance ETF by 2.5% during the 2nd quarter. Muirfield Wealth Advisors LLC now owns 8,341 shares of the company’s stock worth $942,000 after purchasing an additional 207 shares in the last quarter.

iShares U.S. Insurance ETF Stock Up 0.4 %

Shares of IAK stock opened at $138.13 on Thursday. iShares U.S. Insurance ETF has a 12-month low of $97.60 and a 12-month high of $139.08. The firm has a fifty day moving average of $130.45 and a 200-day moving average of $122.53. The company has a market capitalization of $766.62 million, a price-to-earnings ratio of 17.19 and a beta of 0.40.

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.