TAP Consulting LLC Has $1.82 Million Position in iShares U.S. Insurance ETF (NYSEARCA:IAK)

TAP Consulting LLC cut its stake in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 13.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,363 shares of the company’s stock after selling 2,182 shares during the quarter. TAP Consulting LLC owned 0.26% of iShares U.S. Insurance ETF worth $1,816,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Glenview Trust co bought a new stake in shares of iShares U.S. Insurance ETF during the fourth quarter worth $297,000. Harbour Investments Inc. bought a new stake in iShares U.S. Insurance ETF during the 4th quarter worth $25,000. Commonwealth Equity Services LLC increased its holdings in iShares U.S. Insurance ETF by 2.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,051 shares of the company’s stock worth $639,000 after purchasing an additional 104 shares in the last quarter. Avantax Advisory Services Inc. boosted its stake in shares of iShares U.S. Insurance ETF by 392.4% during the fourth quarter. Avantax Advisory Services Inc. now owns 14,679 shares of the company’s stock valued at $1,856,000 after purchasing an additional 11,698 shares in the last quarter. Finally, Essential Planning LLC. bought a new stake in shares of iShares U.S. Insurance ETF during the fourth quarter worth about $1,653,000.

iShares U.S. Insurance ETF Price Performance

Shares of NYSEARCA IAK opened at $134.88 on Thursday. The company has a 50 day simple moving average of $130.15 and a 200 day simple moving average of $129.89. iShares U.S. Insurance ETF has a 1 year low of $109.09 and a 1 year high of $139.08. The firm has a market cap of $748.58 million, a PE ratio of 12.99 and a beta of 0.80.

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.