Fiduciary Planning LLC Has $6.72 Million Stake in iShares U.S. Insurance ETF (NYSEARCA:IAK)

Fiduciary Planning LLC lifted its stake in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 9.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,142 shares of the company’s stock after purchasing an additional 4,400 shares during the period. iShares U.S. Insurance ETF makes up about 2.2% of Fiduciary Planning LLC’s investment portfolio, making the stock its 11th biggest position. Fiduciary Planning LLC owned approximately 0.96% of iShares U.S. Insurance ETF worth $6,721,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. AdvisorNet Financial Inc raised its stake in shares of iShares U.S. Insurance ETF by 21.0% during the fourth quarter. AdvisorNet Financial Inc now owns 962 shares of the company’s stock worth $122,000 after buying an additional 167 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in iShares U.S. Insurance ETF in the third quarter valued at approximately $180,000. Spire Wealth Management increased its stake in iShares U.S. Insurance ETF by 16.7% in the fourth quarter. Spire Wealth Management now owns 1,735 shares of the company’s stock valued at $219,000 after purchasing an additional 248 shares in the last quarter. Raymond James Trust N.A. bought a new stake in iShares U.S. Insurance ETF in the third quarter valued at approximately $222,000. Finally, Larson Financial Group LLC increased its stake in iShares U.S. Insurance ETF by 6.3% in the third quarter. Larson Financial Group LLC now owns 1,766 shares of the company’s stock valued at $228,000 after purchasing an additional 105 shares in the last quarter.

iShares U.S. Insurance ETF Stock Performance

Shares of NYSEARCA:IAK opened at $128.87 on Monday. iShares U.S. Insurance ETF has a 52 week low of $104.00 and a 52 week high of $139.08. The company has a market capitalization of $715.23 million, a PE ratio of 17.19 and a beta of 0.40. The company has a 50 day moving average price of $128.98 and a two-hundred day moving average price of $127.25.

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.