iShares U.S. Insurance ETF (NYSEARCA:IAK) Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC grew its stake in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 30.8% during the third quarter, Holdings Channel reports. The institutional investor owned 5,412 shares of the company’s stock after acquiring an additional 1,274 shares during the period. Sanctuary Advisors LLC’s holdings in iShares U.S. Insurance ETF were worth $736,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in IAK. Larson Financial Group LLC raised its holdings in iShares U.S. Insurance ETF by 5.5% during the second quarter. Larson Financial Group LLC now owns 1,661 shares of the company’s stock worth $188,000 after purchasing an additional 86 shares in the last quarter. Winthrop Advisory Group LLC increased its position in shares of iShares U.S. Insurance ETF by 4.1% during the 3rd quarter. Winthrop Advisory Group LLC now owns 2,510 shares of the company’s stock valued at $324,000 after purchasing an additional 100 shares during the period. Sonata Capital Group Inc. raised its stake in shares of iShares U.S. Insurance ETF by 4.2% in the 3rd quarter. Sonata Capital Group Inc. now owns 3,750 shares of the company’s stock worth $484,000 after buying an additional 150 shares in the last quarter. KKM Financial LLC lifted its holdings in shares of iShares U.S. Insurance ETF by 2.2% in the third quarter. KKM Financial LLC now owns 9,148 shares of the company’s stock valued at $1,181,000 after buying an additional 197 shares during the period. Finally, International Assets Investment Management LLC bought a new position in iShares U.S. Insurance ETF during the second quarter valued at about $27,000.

iShares U.S. Insurance ETF Stock Up 0.2 %

NYSEARCA:IAK opened at $126.25 on Tuesday. The business’s 50-day moving average price is $131.27 and its 200 day moving average price is $124.60. iShares U.S. Insurance ETF has a 52-week low of $98.82 and a 52-week high of $139.08. The firm has a market cap of $700.69 million, a P/E 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.