Leuthold Group LLC Has $1.99 Million Stock Holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK)

Leuthold Group LLC increased its position in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 87.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,968 shares of the company’s stock after acquiring an additional 7,914 shares during the period. Leuthold Group LLC owned about 0.31% of iShares U.S. Insurance ETF worth $1,992,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Genesee Capital Advisors LLC raised its holdings in iShares U.S. Insurance ETF by 1.5% during the fourth quarter. Genesee Capital Advisors LLC now owns 6,943 shares of the company’s stock valued at $695,000 after buying an additional 101 shares in the last quarter. Larson Financial Group LLC raised its holdings in iShares U.S. Insurance ETF by 13.0% during the fourth quarter. Larson Financial Group LLC now owns 1,269 shares of the company’s stock valued at $127,000 after buying an additional 146 shares in the last quarter. SP Asset Management LLC raised its holdings in iShares U.S. Insurance ETF by 0.8% during the fourth quarter. SP Asset Management LLC now owns 19,988 shares of the company’s stock valued at $2,001,000 after buying an additional 163 shares in the last quarter. Brookstone Capital Management increased its stake in shares of iShares U.S. Insurance ETF by 12.0% in the first quarter. Brookstone Capital Management now owns 2,876 shares of the company’s stock worth $338,000 after purchasing an additional 308 shares during the period. Finally, Tortoise Investment Management LLC bought a new position in shares of iShares U.S. Insurance ETF in the fourth quarter worth about $34,000.

iShares U.S. Insurance ETF Trading Up 0.9 %

IAK stock traded up $1.06 during trading on Friday, reaching $116.17. 25,257 shares of the stock were exchanged, compared to its average volume of 74,925. iShares U.S. Insurance ETF has a twelve month low of $85.86 and a twelve month high of $117.99. The company has a market capitalization of $644.74 million, a P/E ratio of 17.19 and a beta of 0.40. The stock has a 50 day simple moving average of $114.42 and a 200-day simple moving average of $111.12.

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.