Truist Financial Corp purchased a new stake in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 4,107 shares of the company’s stock, valued at approximately $464,000. Truist Financial Corp owned 0.07% of iShares U.S. Insurance ETF as of its most recent filing with the SEC.
Several other institutional investors have also recently made changes to their positions in the company. Fortis Group Advisors LLC purchased a new stake in iShares U.S. Insurance ETF in the first quarter valued at approximately $6,539,000. Spectrum Wealth Counsel LLC raised its holdings in shares of iShares U.S. Insurance ETF by 12,119.3% in the second quarter. Spectrum Wealth Counsel LLC now owns 53,765 shares of the company’s stock valued at $6,071,000 after buying an additional 53,325 shares during the last quarter. Private Advisor Group LLC raised its holdings in iShares U.S. Insurance ETF by 299.0% during the second quarter. Private Advisor Group LLC now owns 50,724 shares of the company’s stock worth $5,728,000 after purchasing an additional 38,012 shares in the last quarter. Silverleafe Capital Partners LLC purchased a new position in iShares U.S. Insurance ETF during the second quarter worth about $3,967,000. Finally, Lee Danner & Bass Inc. purchased a new position in iShares U.S. Insurance ETF during the second quarter worth about $3,845,000.
iShares U.S. Insurance ETF Trading Up 0.9 %
Shares of iShares U.S. Insurance ETF stock opened at $131.89 on Thursday. iShares U.S. Insurance ETF has a 12-month low of $90.92 and a 12-month high of $132.40. The stock has a market cap of $731.99 million, a PE ratio of 17.19 and a beta of 0.40. The company has a 50-day moving average of $126.44 and a two-hundred day moving average of $118.87.
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.
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