iShares U.S. Insurance ETF (NYSEARCA:IAK) Stock Short Interest Report for September

iShares U.S. Insurance ETF (NYSEARCA:IAK – Get Free Report) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 140,336 shares, an increase of 80.9% from the September 15th total of 77,577 shares. Approximately 4.6% of the company’s stock are sold short. Based on an average trading volume of 69,845 shares, the days-to-cover ratio is currently 2.0 days.

iShares U.S. Insurance ETF Trading Down 0.2%

NYSEARCA:IAK opened at $142.08 on Thursday. iShares U.S. Insurance ETF has a twelve month low of $124.62 and a twelve month high of $152.38. The company’s 50 day moving average is $142.86 and its two-hundred day moving average is $138.74. The company has a market cap of $433.34 million, a PE ratio of 14.11 and a beta of 0.50.

Institutional Trading of iShares U.S. Insurance ETF

Several large investors have recently made changes to their positions in IAK. Baird Financial Group Inc. boosted its holdings in iShares U.S. Insurance ETF by 0.4% in the second quarter. Baird Financial Group Inc. now owns 20,523 shares of the company’s stock valued at $2,885,000 after purchasing an additional 79 shares during the last quarter. Wealthfront Advisers LLC grew its holdings in iShares U.S. Insurance ETF by 5.7% in the first quarter. Wealthfront Advisers LLC now owns 1,675 shares of the company’s stock valued at $215,000 after purchasing an additional 90 shares during the period. Farther Finance Advisors LLC increased its holdings in iShares U.S. Insurance ETF by 34.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 447 shares of the company’s stock worth $61,000 after acquiring an additional 114 shares in the last quarter. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of iShares U.S. Insurance ETF during the first quarter worth about $26,000. Finally, Trust Co. of Vermont purchased a new stake in iShares U.S. Insurance ETF during the 2nd quarter worth approximately $35,000.

iShares U.S. Insurance ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for iShares U.S. Insurance ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Insurance ETF and related companies with MarketBeat.com's FREE daily email newsletter.