Wealthfront Advisers LLC Purchases Shares of 33,946 iShares U.S. Insurance ETF (NYSEARCA:IAK)

Wealthfront Advisers LLC acquired a new position in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 33,946 shares of the company’s stock, valued at approximately $4,554,000.

Other large investors have also made changes to their positions in the company. AdvisorNet Financial Inc lifted its position in iShares U.S. Insurance ETF by 21.0% during the fourth quarter. AdvisorNet Financial Inc now owns 962 shares of the company’s stock valued at $122,000 after buying an additional 167 shares in the last quarter. Spire Wealth Management raised its stake in shares of iShares U.S. Insurance ETF by 16.7% in the 4th quarter. Spire Wealth Management now owns 1,735 shares of the company’s stock valued at $219,000 after acquiring an additional 248 shares during the period. Raymond James Trust N.A. acquired a new position in shares of iShares U.S. Insurance ETF during the 3rd quarter valued at $222,000. Larson Financial Group LLC boosted its position in iShares U.S. Insurance ETF by 6.3% during the 3rd quarter. Larson Financial Group LLC now owns 1,766 shares of the company’s stock worth $228,000 after purchasing an additional 105 shares during the period. Finally, L.M. Kohn & Company purchased a new stake in iShares U.S. Insurance ETF during the 3rd quarter worth $250,000.

iShares U.S. Insurance ETF Price Performance

NYSEARCA:IAK opened at $132.69 on Friday. The business’s 50-day moving average is $129.18 and its two-hundred day moving average is $129.57. The firm has a market capitalization of $736.43 million, a PE ratio of 12.99 and a beta of 0.80. iShares U.S. Insurance ETF has a 12 month low of $109.09 and a 12 month high of $139.08.

iShares U.S. Insurance ETF Company Profile

(Free Report)

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.

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