Flow Traders U.S. LLC Takes Position in iShares U.S. Insurance ETF $IAK

Flow Traders U.S. LLC acquired a new position in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 4,991 shares of the company’s stock, valued at approximately $671,000. Flow Traders U.S. LLC owned about 0.09% of iShares U.S. Insurance ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Martin & Co. Inc. TN boosted its stake in iShares U.S. Insurance ETF by 0.3% during the second quarter. Martin & Co. Inc. TN now owns 27,079 shares of the company’s stock worth $3,641,000 after buying an additional 84 shares during the period. Woodley Farra Manion Portfolio Management Inc. raised its stake in shares of iShares U.S. Insurance ETF by 4.7% in the 2nd quarter. Woodley Farra Manion Portfolio Management Inc. now owns 1,911 shares of the company’s stock valued at $257,000 after acquiring an additional 85 shares during the period. Wealthfront Advisers LLC lifted its holdings in shares of iShares U.S. Insurance ETF by 7.7% in the 2nd quarter. Wealthfront Advisers LLC now owns 1,754 shares of the company’s stock worth $236,000 after acquiring an additional 126 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its holdings in shares of iShares U.S. Insurance ETF by 3.1% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 4,988 shares of the company’s stock worth $671,000 after acquiring an additional 150 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its position in shares of iShares U.S. Insurance ETF by 9.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 1,704 shares of the company’s stock worth $229,000 after purchasing an additional 151 shares during the period.

iShares U.S. Insurance ETF Stock Up 0.4%

Shares of NYSEARCA IAK opened at $132.72 on Thursday. The firm has a market cap of $650.33 million, a price-to-earnings ratio of 14.11 and a beta of 0.65. iShares U.S. Insurance ETF has a 52-week low of $119.23 and a 52-week high of $138.99. The business’s 50 day moving average is $131.27 and its two-hundred day moving average is $131.54.

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.