iShares U.S. Insurance ETF (NYSEARCA:IAK) Shares Acquired by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. raised its holdings in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK – Get Rating) by 70.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,987 shares of the company’s stock after acquiring an additional 4,545 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in iShares U.S. Insurance ETF were worth $1,004,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Truist Financial Corp boosted its position in shares of iShares U.S. Insurance ETF by 7.5% in the 3rd quarter. Truist Financial Corp now owns 7,498 shares of the company’s stock valued at $593,000 after purchasing an additional 524 shares during the period. Capital CS Group LLC boosted its position in shares of iShares U.S. Insurance ETF by 4.0% in the 4th quarter. Capital CS Group LLC now owns 18,944 shares of the company’s stock valued at $1,731,000 after purchasing an additional 736 shares during the period. Equitable Holdings Inc. boosted its position in shares of iShares U.S. Insurance ETF by 11.4% in the 3rd quarter. Equitable Holdings Inc. now owns 8,040 shares of the company’s stock valued at $636,000 after purchasing an additional 820 shares during the period. Essex Financial Services Inc. boosted its position in shares of iShares U.S. Insurance ETF by 11.4% in the 3rd quarter. Essex Financial Services Inc. now owns 8,330 shares of the company’s stock valued at $659,000 after purchasing an additional 852 shares during the period. Finally, Martin & Co. Inc. TN boosted its position in shares of iShares U.S. Insurance ETF by 2.7% in the 4th quarter. Martin & Co. Inc. TN now owns 43,783 shares of the company’s stock valued at $4,002,000 after purchasing an additional 1,144 shares during the period.

iShares U.S. Insurance ETF Stock Down 0.3 %

IAK opened at $87.08 on Friday. The business has a 50 day moving average price of $85.88 and a two-hundred day moving average price of $90.10. The company has a market cap of $452.82 million, a PE ratio of 8.99 and a beta of 0.83. iShares U.S. Insurance ETF has a 52 week low of $77.94 and a 52 week high of $95.30.

iShares U.S. Insurance ETF Company Profile

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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.