Citadel Advisors LLC Sells 459 Shares of iShares U.S. Insurance ETF (NYSEARCA:IAK)

Citadel Advisors LLC reduced its holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 12.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,175 shares of the company’s stock after selling 459 shares during the quarter. Citadel Advisors LLC owned 0.06% of iShares U.S. Insurance ETF worth $402,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Harbour Investments Inc. bought a new position in iShares U.S. Insurance ETF during the 4th quarter worth about $25,000. Redwood Park Advisors LLC bought a new position in iShares U.S. Insurance ETF during the 4th quarter worth about $44,000. Aptus Capital Advisors LLC bought a new position in iShares U.S. Insurance ETF during the 4th quarter worth about $54,000. Russell Investments Group Ltd. grew its holdings in shares of iShares U.S. Insurance ETF by 325.4% during the fourth quarter. Russell Investments Group Ltd. now owns 889 shares of the company’s stock worth $112,000 after buying an additional 680 shares in the last quarter. Finally, Spire Wealth Management grew its holdings in shares of 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 in the last quarter.

iShares U.S. Insurance ETF Stock Performance

NYSEARCA:IAK opened at $137.13 on Wednesday. The company has a market cap of $843.35 million, a PE ratio of 13.69 and a beta of 0.69. iShares U.S. Insurance ETF has a 52-week low of $110.92 and a 52-week high of $139.08. The stock has a 50-day simple moving average of $132.54 and a 200 day simple moving average of $131.29.

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.