iShares U.S. Insurance ETF (NYSEARCA:IAK) Stock Holdings Lessened by Perigon Wealth Management LLC

Perigon Wealth Management LLC cut its holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 43.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,883 shares of the company’s stock after selling 3,765 shares during the period. Perigon Wealth Management LLC owned about 0.09% of iShares U.S. Insurance ETF worth $627,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of IAK. Castleark Management LLC bought a new position in shares of iShares U.S. Insurance ETF during the third quarter valued at approximately $8,010,000. Miracle Mile Advisors LLC bought a new position in iShares U.S. Insurance ETF during the 4th quarter worth $7,720,000. WESPAC Advisors SoCal LLC increased its position in iShares U.S. Insurance ETF by 1,097.2% in the third quarter. WESPAC Advisors SoCal LLC now owns 50,523 shares of the company’s stock worth $6,520,000 after buying an additional 46,303 shares during the period. International Assets Investment Management LLC lifted its stake in iShares U.S. Insurance ETF by 12,831.8% in the third quarter. International Assets Investment Management LLC now owns 30,907 shares of the company’s stock valued at $3,989,000 after buying an additional 30,668 shares during the last quarter. Finally, Tudor Financial Inc. bought a new stake in iShares U.S. Insurance ETF in the third quarter valued at $3,074,000.

iShares U.S. Insurance ETF Stock Performance

iShares U.S. Insurance ETF stock opened at $128.87 on Friday. iShares U.S. Insurance ETF has a one year low of $104.00 and a one year high of $139.08. The company has a 50-day simple moving average of $128.98 and a 200-day simple moving average of $127.18. The firm has a market capitalization of $715.23 million, a P/E ratio of 17.19 and a beta of 0.40.

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.