Sanctuary Advisors LLC purchased a new position in iShares U.S. Insurance ETF (NYSEARCA:IAK – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 4,138 shares of the company’s stock, valued at approximately $460,000. Sanctuary Advisors LLC owned approximately 0.07% of iShares U.S. Insurance ETF at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in IAK. International Assets Investment Management LLC purchased a new position in iShares U.S. Insurance ETF in the second quarter worth about $27,000. Larson Financial Group LLC boosted its position in shares of iShares U.S. Insurance ETF by 24.1% during the first quarter. Larson Financial Group LLC now owns 1,575 shares of the company’s stock valued at $185,000 after buying an additional 306 shares during the period. Saxony Capital Management LLC purchased a new position in shares of iShares U.S. Insurance ETF during the second quarter valued at approximately $242,000. Csenge Advisory Group purchased a new position in shares of iShares U.S. Insurance ETF during the second quarter valued at approximately $250,000. Finally, Winthrop Advisory Group LLC purchased a new position in shares of iShares U.S. Insurance ETF during the second quarter valued at approximately $272,000.
iShares U.S. Insurance ETF Price Performance
Shares of NYSEARCA:IAK opened at $131.89 on Thursday. iShares U.S. Insurance ETF has a 1 year low of $90.92 and a 1 year high of $132.40. The business has a 50 day simple moving average of $126.44 and a two-hundred day simple moving average of $118.87. The firm has a market capitalization of $731.99 million, a PE ratio of 17.19 and a beta of 0.40.
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.
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