Prospera Financial Services Inc Raises Stock Holdings in iShares U.S. Insurance ETF (NYSEARCA:IAK)

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

A number of other institutional investors have also modified their holdings of IAK. International Assets Investment Management LLC acquired a new position in iShares U.S. Insurance ETF in the 2nd quarter valued at about $27,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of iShares U.S. Insurance ETF in the third quarter valued at approximately $180,000. Larson Financial Group LLC raised its stake in shares of iShares U.S. Insurance ETF by 5.5% during the second quarter. Larson Financial Group LLC now owns 1,661 shares of the company’s stock worth $188,000 after purchasing an additional 86 shares during the last quarter. Legacy Capital Group California Inc. acquired a new stake in shares of iShares U.S. Insurance ETF during the third quarter worth $238,000. Finally, Saxony Capital Management LLC purchased a new position in iShares U.S. Insurance ETF in the 2nd quarter valued at $242,000.

iShares U.S. Insurance ETF Stock Performance

Shares of iShares U.S. Insurance ETF stock opened at $132.18 on Wednesday. iShares U.S. Insurance ETF has a one year low of $96.33 and a one year high of $133.82. The company has a market cap of $733.60 million, a P/E ratio of 17.19 and a beta of 0.40. The firm has a fifty day moving average of $129.68 and a two-hundred day moving average of $121.80.

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.