Fiduciary Planning LLC Decreases Holdings in iShares U.S. Insurance ETF $IAK

Fiduciary Planning LLC reduced its stake in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 7.2% during the second quarter, according to its most recent filing with the SEC. The fund owned 52,718 shares of the company’s stock after selling 4,102 shares during the quarter. iShares U.S. Insurance ETF accounts for approximately 2.3% of Fiduciary Planning LLC’s portfolio, making the stock its 11th largest holding. Fiduciary Planning LLC owned 0.91% of iShares U.S. Insurance ETF worth $7,088,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in IAK. Realta Investment Advisors bought a new stake in iShares U.S. Insurance ETF in the second quarter worth about $38,000. Farther Finance Advisors LLC bought a new stake in shares of iShares U.S. Insurance ETF in the 1st quarter worth approximately $41,000. Ameritas Advisory Services LLC bought a new stake in shares of iShares U.S. Insurance ETF in the 2nd quarter worth approximately $41,000. Harbor Asset Planning Inc. purchased a new position in iShares U.S. Insurance ETF in the second quarter valued at approximately $98,000. Finally, Private Trust Co. NA bought a new position in iShares U.S. Insurance ETF during the first quarter valued at $103,000.

iShares U.S. Insurance ETF Price Performance

NYSEARCA:IAK opened at $127.22 on Monday. The company has a market capitalization of $642.46 million, a P/E ratio of 14.11 and a beta of 0.83. The business has a fifty day simple moving average of $132.28 and a two-hundred day simple moving average of $131.66. 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.