iShares U.S. Insurance ETF (NYSEARCA:IAK) Shares Acquired by WT Wealth Management

WT Wealth Management lifted its holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 21.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,001 shares of the company’s stock after purchasing an additional 4,671 shares during the period. WT Wealth Management owned about 0.47% of iShares U.S. Insurance ETF worth $3,466,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Larson Financial Group LLC increased its stake in shares of iShares U.S. Insurance ETF by 5.5% during the second quarter. Larson Financial Group LLC now owns 1,661 shares of the company’s stock worth $188,000 after purchasing an additional 86 shares in the last quarter. Muirfield Wealth Advisors LLC boosted its stake in shares of iShares U.S. Insurance ETF by 2.5% in the second quarter. Muirfield Wealth Advisors LLC now owns 8,341 shares of the company’s stock worth $942,000 after acquiring an additional 207 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of iShares U.S. Insurance ETF during the second quarter worth approximately $27,000. Brookstone Capital Management raised its stake in iShares U.S. Insurance ETF by 12.0% in the 1st quarter. Brookstone Capital Management now owns 2,876 shares of the company’s stock valued at $338,000 after purchasing an additional 308 shares during the last quarter. Finally, J.W. Cole Advisors Inc. lifted its holdings in iShares U.S. Insurance ETF by 2.5% in the 1st quarter. J.W. Cole Advisors Inc. now owns 13,498 shares of the company’s stock valued at $1,577,000 after purchasing an additional 328 shares in the last quarter.

iShares U.S. Insurance ETF Trading Down 0.7 %

IAK traded down $0.90 on Tuesday, hitting $130.94. 37,774 shares of the company’s stock were exchanged, compared to its average volume of 72,620. The stock has a market cap of $726.72 million, a price-to-earnings ratio of 17.19 and a beta of 0.40. iShares U.S. Insurance ETF has a fifty-two week low of $90.92 and a fifty-two week high of $133.82. The firm has a 50-day moving average price of $127.66 and a 200-day moving average price of $119.34.

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.