TAP Consulting LLC Has $1.82 Million Stock Position in iShares U.S. Insurance ETF (NYSEARCA:IAK)

TAP Consulting LLC lessened its position in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 13.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 14,363 shares of the company’s stock after selling 2,182 shares during the quarter. TAP Consulting LLC’s holdings in iShares U.S. Insurance ETF were worth $1,816,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Prospera Financial Services Inc boosted its position in iShares U.S. Insurance ETF by 2.5% during the third quarter. Prospera Financial Services Inc now owns 49,299 shares of the company’s stock valued at $6,362,000 after acquiring an additional 1,193 shares during the last quarter. Stonebridge Financial Planning Group LLC increased its holdings in iShares U.S. Insurance ETF by 3.0% in the third quarter. Stonebridge Financial Planning Group LLC now owns 15,628 shares of the company’s stock worth $2,017,000 after purchasing an additional 462 shares in the last quarter. Moors & Cabot Inc. lifted its stake in iShares U.S. Insurance ETF by 18.9% in the third quarter. Moors & Cabot Inc. now owns 3,664 shares of the company’s stock valued at $473,000 after buying an additional 583 shares during the period. Raymond James Trust N.A. bought a new position in shares of iShares U.S. Insurance ETF during the 3rd quarter worth approximately $222,000. Finally, Great Valley Advisor Group Inc. acquired a new stake in shares of iShares U.S. Insurance ETF during the 3rd quarter worth approximately $2,941,000.

iShares U.S. Insurance ETF Stock Down 0.3 %

iShares U.S. Insurance ETF stock opened at $134.88 on Thursday. The company has a market capitalization of $748.58 million, a PE ratio of 12.99 and a beta of 0.80. The firm’s fifty day moving average is $130.15 and its 200 day moving average is $129.89. iShares U.S. Insurance ETF has a 12-month low of $109.09 and a 12-month high of $139.08.

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.