iShares U.S. Insurance ETF $IAK Shares Acquired by Northstar Financial Companies Inc.

Northstar Financial Companies Inc. boosted its stake in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 107.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,286 shares of the company’s stock after buying an additional 7,393 shares during the period. iShares U.S. Insurance ETF accounts for 1.5% of Northstar Financial Companies Inc.’s portfolio, making the stock its 19th biggest holding. Northstar Financial Companies Inc.’s holdings in iShares U.S. Insurance ETF were worth $1,833,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Kestra Advisory Services LLC raised its position in shares of iShares U.S. Insurance ETF by 24.4% during the 1st quarter. Kestra Advisory Services LLC now owns 1,561 shares of the company’s stock worth $200,000 after buying an additional 306 shares in the last quarter. Turtle Creek Wealth Advisors LLC bought a new position in shares of iShares U.S. Insurance ETF in the first quarter valued at approximately $26,000. Kestra Private Wealth Services LLC boosted its holdings in shares of iShares U.S. Insurance ETF by 6.9% in the first quarter. Kestra Private Wealth Services LLC now owns 9,457 shares of the company’s stock valued at $1,213,000 after acquiring an additional 613 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of iShares U.S. Insurance ETF by 3,960.0% in the first quarter. Blue Trust Inc. now owns 406 shares of the company’s stock valued at $52,000 after acquiring an additional 396 shares in the last quarter. Finally, RFG Advisory LLC increased its stake in shares of iShares U.S. Insurance ETF by 7.4% during the first quarter. RFG Advisory LLC now owns 34,887 shares of the company’s stock valued at $4,476,000 after acquiring an additional 2,401 shares during the period.

iShares U.S. Insurance ETF Price Performance

Shares of NYSEARCA:IAK opened at $145.36 on Wednesday. iShares U.S. Insurance ETF has a 12 month low of $124.62 and a 12 month high of $150.18. The stock has a market cap of $472.42 million, a price-to-earnings ratio of 14.11 and a beta of 0.51. The stock’s 50 day moving average price is $136.12 and its 200 day moving average price is $133.85.

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.