AlphaCore Capital LLC Has $1.84 Million Position in iShares U.S. Insurance ETF $IAK

AlphaCore Capital LLC lifted its stake in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 326.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,478 shares of the company’s stock after purchasing an additional 10,320 shares during the period. AlphaCore Capital LLC’s holdings in iShares U.S. Insurance ETF were worth $1,835,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. National Bank of Canada FI increased its holdings in shares of iShares U.S. Insurance ETF by 61.5% in the third quarter. National Bank of Canada FI now owns 260 shares of the company’s stock valued at $35,000 after purchasing an additional 99 shares in the last quarter. Great Valley Advisor Group Inc. increased its holdings in shares of iShares U.S. Insurance ETF by 1.2% in the second quarter. Great Valley Advisor Group Inc. now owns 12,398 shares of the company’s stock valued at $1,667,000 after purchasing an additional 152 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of iShares U.S. Insurance ETF by 4.3% in the third quarter. Private Advisor Group LLC now owns 4,654 shares of the company’s stock valued at $624,000 after purchasing an additional 193 shares in the last quarter. Genesee Capital Advisors LLC increased its holdings in shares of iShares U.S. Insurance ETF by 1.8% in the third quarter. Genesee Capital Advisors LLC now owns 10,762 shares of the company’s stock valued at $1,442,000 after purchasing an additional 194 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of iShares U.S. Insurance ETF in the fourth quarter valued at approximately $31,000.

iShares U.S. Insurance ETF Price Performance

Shares of iShares U.S. Insurance ETF stock opened at $132.01 on Monday. The firm has a market cap of $369.63 million, a P/E ratio of 14.11 and a beta of 0.54. The firm has a 50 day simple moving average of $130.65 and a 200 day simple moving average of $132.58. iShares U.S. Insurance ETF has a fifty-two week low of $124.62 and a fifty-two week high of $138.66.

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.