PFG Advisors Buys New Shares in iShares U.S. Insurance ETF $IAK

PFG Advisors bought a new position in iShares U.S. Insurance ETF (NYSEARCA:IAK) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 13,405 shares of the company’s stock, valued at approximately $1,797,000. PFG Advisors owned 0.27% of iShares U.S. Insurance ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. MAI Capital Management purchased a new position in shares of iShares U.S. Insurance ETF in the third quarter valued at about $31,000. Trust Co. of Vermont purchased a new stake in shares of iShares U.S. Insurance ETF during the third quarter worth about $34,000. Financial Consulate Inc. bought a new stake in iShares U.S. Insurance ETF during the 3rd quarter valued at approximately $35,000. Aptus Capital Advisors LLC bought a new stake in iShares U.S. Insurance ETF during the 3rd quarter valued at approximately $59,000. Finally, Realta Investment Advisors lifted its holdings in iShares U.S. Insurance ETF by 186.0% in the 3rd quarter. Realta Investment Advisors now owns 815 shares of the company’s stock worth $109,000 after purchasing an additional 530 shares in the last quarter.

iShares U.S. Insurance ETF Price Performance

IAK stock opened at $132.20 on Wednesday. iShares U.S. Insurance ETF has a 1-year low of $119.23 and a 1-year high of $138.99. The company has a market capitalization of $423.04 million, a price-to-earnings ratio of 14.11 and a beta of 0.65. The business has a 50 day simple moving average of $134.03 and a two-hundred day simple moving average of $133.04.

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.