SPC Financial Inc. decreased its stake in iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report) by 4.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 157,319 shares of the company’s stock after selling 6,520 shares during the quarter. iShares U.S. Insurance ETF makes up 1.8% of SPC Financial Inc.’s holdings, making the stock its 18th biggest position. SPC Financial Inc. owned about 2.71% of iShares U.S. Insurance ETF worth $21,153,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also modified their holdings of the company. Realta Investment Advisors acquired a new stake in shares of iShares U.S. Insurance ETF in the second quarter valued at about $38,000. Farther Finance Advisors LLC acquired a new stake in shares of iShares U.S. Insurance ETF in the first quarter valued at about $41,000. Ameritas Advisory Services LLC purchased a new stake in shares of iShares U.S. Insurance ETF during the second quarter worth approximately $41,000. Private Trust Co. NA purchased a new stake in shares of iShares U.S. Insurance ETF during the first quarter worth approximately $103,000. Finally, Copia Wealth Management purchased a new stake in shares of iShares U.S. Insurance ETF during the first quarter worth approximately $125,000.
iShares U.S. Insurance ETF Stock Performance
Shares of IAK opened at $131.83 on Friday. iShares U.S. Insurance ETF has a one year low of $119.23 and a one year high of $139.08. The stock has a market capitalization of $659.15 million, a price-to-earnings ratio of 14.11 and a beta of 0.83. The stock has a 50 day moving average price of $132.16 and a 200 day moving average price of $131.96.
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.
Featured Articles
- Five stocks we like better than iShares U.S. Insurance ETF
- 5 discounted opportunities for dividend growth investors
- Bassett Furniture: Buy Now, Sit Back, and Collect Dividends
- Dividend Capture Strategy: What You Need to Know
- AST SpaceMobile’s Big Win: Shares Soar on New Deal With Verizon
- Best Aerospace Stocks Investing
- Catch the Next Bitcoin Rally With These 3 ETFs
Receive News & Ratings for iShares U.S. Insurance ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Insurance ETF and related companies with MarketBeat.com's FREE daily email newsletter.
