J.W. Cole Advisors Inc. Invests $1.32 Million in iShares U.S. Insurance ETF (NYSEARCA:IAK)

J.W. Cole Advisors Inc. bought a new position in iShares U.S. Insurance ETF (NYSEARCA:IAK) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 13,170 shares of the company’s stock, valued at approximately $1,319,000. J.W. Cole Advisors Inc. owned about 0.33% of iShares U.S. Insurance ETF at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Citigroup Inc. bought a new stake in shares of iShares U.S. Insurance ETF in the 1st quarter worth about $28,000. Tower Research Capital LLC TRC bought a new stake in shares of iShares U.S. Insurance ETF in the 1st quarter worth about $54,000. Capital Analysts LLC bought a new stake in shares of iShares U.S. Insurance ETF in the 4th quarter worth about $65,000. Planned Solutions Inc. bought a new stake in shares of iShares U.S. Insurance ETF in the 4th quarter worth about $73,000. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of iShares U.S. Insurance ETF by 367.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 934 shares of the company’s stock worth $94,000 after acquiring an additional 734 shares during the last quarter.

iShares U.S. Insurance ETF Trading Up 2.0 %

iShares U.S. Insurance ETF stock opened at $112.89 on Friday. The firm has a 50-day moving average price of $112.81 and a 200-day moving average price of $103.86. The firm has a market capitalization of $457.20 million, a PE ratio of 13.59 and a beta of 0.83. iShares U.S. Insurance ETF has a 12-month low of $82.29 and a 12-month high of $117.60.

iShares U.S. Insurance ETF 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.