iShares U.S. Insurance ETF $IAK Shares Purchased by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC increased its holdings in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 3.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,988 shares of the company’s stock after acquiring an additional 150 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares U.S. Insurance ETF were worth $671,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Avantax Advisory Services Inc. raised its stake in shares of iShares U.S. Insurance ETF by 15.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 16,972 shares of the company’s stock valued at $2,339,000 after acquiring an additional 2,293 shares during the period. Sowell Financial Services LLC acquired a new position in iShares U.S. Insurance ETF during the 1st quarter worth approximately $298,000. Farther Finance Advisors LLC grew its holdings in iShares U.S. Insurance ETF by 84.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 553 shares of the company’s stock worth $74,000 after acquiring an additional 253 shares in the last quarter. Kestra Private Wealth Services LLC boosted its holdings in shares of iShares U.S. Insurance ETF by 6.3% in the 1st quarter. Kestra Private Wealth Services LLC now owns 9,337 shares of the company’s stock valued at $1,287,000 after buying an additional 556 shares in the last quarter. Finally, Perigon Wealth Management LLC boosted its holdings in shares of iShares U.S. Insurance ETF by 88.7% in the 2nd quarter. Perigon Wealth Management LLC now owns 8,975 shares of the company’s stock valued at $1,207,000 after buying an additional 4,219 shares in the last quarter.

iShares U.S. Insurance ETF Price Performance

Shares of NYSEARCA:IAK opened at $133.46 on Friday. The stock has a market cap of $667.30 million, a P/E ratio of 14.11 and a beta of 0.83. The firm has a fifty day moving average price of $132.05 and a 200 day moving average price of $132.02. iShares U.S. Insurance ETF has a 1-year low of $119.23 and a 1-year high of $139.08.

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.