J.W. Cole Advisors Inc. Has $1.55 Million Stock Holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK)

J.W. Cole Advisors Inc. lessened its position in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 8.1% during the 4th quarter, Holdings Channel reports. The firm owned 12,276 shares of the company’s stock after selling 1,076 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares U.S. Insurance ETF were worth $1,552,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IAK. AdvisorNet Financial Inc grew its holdings in shares of iShares U.S. Insurance ETF by 21.0% during 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. acquired a new position in shares of iShares U.S. Insurance ETF in the 3rd quarter valued at $180,000. Spire Wealth Management boosted its holdings in iShares U.S. Insurance ETF by 16.7% during the fourth quarter. Spire Wealth Management now owns 1,735 shares of the company’s stock worth $219,000 after buying an additional 248 shares during the last quarter. Raymond James Trust N.A. bought a new position in iShares U.S. Insurance ETF during the 3rd quarter worth approximately $222,000. Finally, Larson Financial Group LLC grew its holdings in shares of iShares U.S. Insurance ETF by 6.3% in the 3rd quarter. Larson Financial Group LLC now owns 1,766 shares of the company’s stock valued at $228,000 after buying an additional 105 shares during the period.

iShares U.S. Insurance ETF Price Performance

Shares of iShares U.S. Insurance ETF stock opened at $128.23 on Tuesday. The business has a 50-day moving average of $127.40 and a two-hundred day moving average of $128.05. iShares U.S. Insurance ETF has a 1 year low of $109.09 and a 1 year high of $139.08. The company has a market capitalization of $711.68 million, a P/E ratio of 17.19 and a beta of 0.40.

iShares U.S. Insurance ETF 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.