Capital Advisory Group Advisory Services LLC Raises Stock Holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK)

Capital Advisory Group Advisory Services LLC grew its stake in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 51.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,342 shares of the company’s stock after acquiring an additional 8,656 shares during the quarter. iShares U.S. Insurance ETF comprises about 1.2% of Capital Advisory Group Advisory Services LLC’s investment portfolio, making the stock its 22nd biggest holding. Capital Advisory Group Advisory Services LLC owned 0.46% of iShares U.S. Insurance ETF worth $3,205,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in IAK. AdvisorNet Financial Inc boosted its holdings in iShares U.S. Insurance ETF by 21.0% in the fourth quarter. AdvisorNet Financial Inc now owns 962 shares of the company’s stock worth $122,000 after purchasing an additional 167 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares U.S. Insurance ETF in the 3rd quarter worth $180,000. Spire Wealth Management grew its holdings in shares of iShares U.S. Insurance ETF by 16.7% in the fourth quarter. Spire Wealth Management now owns 1,735 shares of the company’s stock worth $219,000 after acquiring an additional 248 shares during the period. Raymond James Trust N.A. purchased a new stake in iShares U.S. Insurance ETF during the third quarter valued at $222,000. Finally, Larson Financial Group LLC increased its position in iShares U.S. Insurance ETF by 6.3% during the third quarter. Larson Financial Group LLC now owns 1,766 shares of the company’s stock valued at $228,000 after acquiring an additional 105 shares during the last quarter.

iShares U.S. Insurance ETF Stock Down 0.5 %

iShares U.S. Insurance ETF stock opened at $129.12 on Friday. iShares U.S. Insurance ETF has a 52-week low of $109.09 and a 52-week high of $139.08. The company has a market cap of $716.62 million, a P/E ratio of 17.19 and a beta of 0.40. The business has a 50-day simple moving average of $127.41 and a two-hundred day simple moving average of $128.25.

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.