Centaurus Financial Inc. Has $183,000 Stock Holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK)

Centaurus Financial Inc. trimmed its position in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 17.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,415 shares of the company’s stock after selling 305 shares during the quarter. Centaurus Financial Inc.’s holdings in iShares U.S. Insurance ETF were worth $183,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IAK. International Assets Investment Management LLC bought a new position in shares of iShares U.S. Insurance ETF in the 2nd quarter valued at about $27,000. Mirae Asset Global Investments Co. Ltd. bought a new position in iShares U.S. Insurance ETF in the third quarter valued at approximately $180,000. Larson Financial Group LLC grew its holdings in iShares U.S. Insurance ETF by 5.5% during the 2nd quarter. Larson Financial Group LLC now owns 1,661 shares of the company’s stock worth $188,000 after acquiring an additional 86 shares during the period. Raymond James Trust N.A. bought a new stake in shares of iShares U.S. Insurance ETF during the 3rd quarter valued at $222,000. Finally, Legacy Capital Group California Inc. acquired a new position in shares of iShares U.S. Insurance ETF in the 3rd quarter valued at $238,000.

iShares U.S. Insurance ETF Stock Up 0.4 %

NYSEARCA:IAK opened at $138.13 on Thursday. iShares U.S. Insurance ETF has a 12-month low of $97.60 and a 12-month high of $139.08. The stock’s fifty day simple moving average is $130.45 and its 200-day simple moving average is $122.53. The firm has a market capitalization of $766.62 million, a P/E ratio of 17.19 and a beta of 0.40.

iShares U.S. Insurance ETF Company Profile

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.