Prospera Financial Services Inc Increases Position in iShares U.S. Insurance ETF (NYSEARCA:IAK)

Prospera Financial Services Inc lifted its position in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 2.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,299 shares of the company’s stock after acquiring an additional 1,193 shares during the period. Prospera Financial Services Inc owned 0.89% of iShares U.S. Insurance ETF worth $6,362,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new position in shares of iShares U.S. Insurance ETF in the second quarter valued at about $460,000. Fortis Group Advisors LLC increased its holdings in iShares U.S. Insurance ETF by 16.1% in the 2nd quarter. Fortis Group Advisors LLC now owns 64,687 shares of the company’s stock worth $7,304,000 after buying an additional 8,980 shares during the period. Kingswood Wealth Advisors LLC raised its position in iShares U.S. Insurance ETF by 26.4% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 4,369 shares of the company’s stock worth $493,000 after buying an additional 912 shares during the last quarter. Muirfield Wealth Advisors LLC lifted its stake in iShares U.S. Insurance ETF by 2.5% during the 2nd quarter. Muirfield Wealth Advisors LLC now owns 8,341 shares of the company’s stock valued at $942,000 after acquiring an additional 207 shares during the period. Finally, Legend Financial Advisors Inc. boosted its holdings in shares of iShares U.S. Insurance ETF by 0.7% in the 2nd quarter. Legend Financial Advisors Inc. now owns 55,741 shares of the company’s stock valued at $6,294,000 after acquiring an additional 406 shares during the last quarter.

iShares U.S. Insurance ETF Price Performance

Shares of iShares U.S. Insurance ETF stock opened at $132.18 on Wednesday. iShares U.S. Insurance ETF has a 1 year low of $96.33 and a 1 year high of $133.82. The stock has a market cap of $733.60 million, a PE ratio of 17.19 and a beta of 0.40. The firm has a fifty day moving average price of $129.68 and a 200 day moving average price of $121.80.

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.