iShares U.S. Insurance ETF (NYSEARCA:IAK) Shares Purchased by Delos Wealth Advisors LLC

Delos Wealth Advisors LLC raised its stake in iShares U.S. Insurance ETF (NYSEARCA:IAK) by 41.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,672 shares of the company’s stock after purchasing an additional 2,240 shares during the period. Delos Wealth Advisors LLC owned 0.14% of iShares U.S. Insurance ETF worth $970,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Harbour Investments Inc. acquired a new stake in shares of iShares U.S. Insurance ETF during the fourth quarter worth about $25,000. AdvisorNet Financial Inc raised its stake in iShares U.S. Insurance ETF by 21.0% during the 4th quarter. AdvisorNet Financial Inc now owns 962 shares of the company’s stock valued at $122,000 after acquiring an additional 167 shares during the last quarter. Spire Wealth Management lifted its position in iShares U.S. Insurance ETF by 16.7% during the 4th quarter. Spire Wealth Management now owns 1,735 shares of the company’s stock worth $219,000 after acquiring an additional 248 shares during the period. L.M. Kohn & Company purchased a new position in shares of iShares U.S. Insurance ETF in the 3rd quarter valued at approximately $250,000. Finally, Glenview Trust co acquired a new position in shares of iShares U.S. Insurance ETF in the fourth quarter valued at approximately $297,000.

iShares U.S. Insurance ETF Price Performance

NYSEARCA:IAK opened at $136.18 on Friday. The firm has a market cap of $796.65 million, a price-to-earnings ratio of 12.85 and a beta of 0.80. iShares U.S. Insurance ETF has a 1-year low of $109.09 and a 1-year high of $139.08. The firm’s fifty day moving average price is $131.58 and its 200 day moving average price is $130.25.

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.