iShares U.S. Insurance ETF (NYSEARCA:IAK) Shares Sold by Mariner LLC

Mariner LLC cut its position in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 4.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 25,102 shares of the company’s stock after selling 1,039 shares during the quarter. Mariner LLC’s holdings in iShares U.S. Insurance ETF were worth $3,175,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Redwood Park Advisors LLC bought a new stake in iShares U.S. Insurance ETF during the fourth quarter worth approximately $44,000. Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Insurance ETF during the 4th quarter worth $8,119,000. Advisory Services Network LLC grew its holdings in shares of iShares U.S. Insurance ETF by 17.4% in the 4th quarter. Advisory Services Network LLC now owns 93,719 shares of the company’s stock worth $11,853,000 after acquiring an additional 13,910 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of iShares U.S. Insurance ETF by 325.4% during the fourth quarter. Russell Investments Group Ltd. now owns 889 shares of the company’s stock worth $112,000 after purchasing an additional 680 shares during the period. Finally, OLD Mission Capital LLC purchased a new stake in shares of iShares U.S. Insurance ETF during the fourth quarter valued at $1,753,000.

iShares U.S. Insurance ETF Trading Down 2.7 %

Shares of IAK opened at $125.90 on Tuesday. iShares U.S. Insurance ETF has a 1-year low of $110.69 and a 1-year high of $139.08. The stock has a market capitalization of $723.93 million, a P/E ratio of 11.84 and a beta of 0.65. The business’s 50-day moving average price is $132.06 and its 200 day moving average price is $130.40.

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.