iShares U.S. Insurance ETF $IAK Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lowered its holdings in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 98.0% in the fourth quarter, Holdings Channel reports. The firm owned 200 shares of the company’s stock after selling 9,629 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares U.S. Insurance ETF were worth $27,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. National Bank of Canada FI raised its holdings in shares of iShares U.S. Insurance ETF by 61.5% in the third quarter. National Bank of Canada FI now owns 260 shares of the company’s stock valued at $35,000 after buying an additional 99 shares during the last quarter. Great Valley Advisor Group Inc. lifted its holdings in shares of iShares U.S. Insurance ETF by 1.2% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 12,398 shares of the company’s stock valued at $1,667,000 after buying an additional 152 shares during the period. Private Advisor Group LLC raised its position in iShares U.S. Insurance ETF by 4.3% in the third quarter. Private Advisor Group LLC now owns 4,654 shares of the company’s stock worth $624,000 after acquiring an additional 193 shares in the last quarter. Genesee Capital Advisors LLC raised its position in iShares U.S. Insurance ETF by 1.8% in the third quarter. Genesee Capital Advisors LLC now owns 10,762 shares of the company’s stock worth $1,442,000 after acquiring an additional 194 shares in the last quarter. Finally, MAI Capital Management acquired a new stake in iShares U.S. Insurance ETF in the third quarter valued at $31,000.

iShares U.S. Insurance ETF Stock Performance

Shares of NYSEARCA IAK opened at $132.01 on Friday. iShares U.S. Insurance ETF has a one year low of $124.62 and a one year high of $138.66. The firm has a market capitalization of $369.63 million, a P/E ratio of 14.11 and a beta of 0.54. The company’s fifty day moving average is $131.55 and its two-hundred day moving average is $132.40.

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.