Interchange Capital Partners LLC Sells 1,379 Shares of iShares U.S. Insurance ETF $IAK

Interchange Capital Partners LLC cut its holdings in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) by 63.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 801 shares of the company’s stock after selling 1,379 shares during the quarter. Interchange Capital Partners LLC’s holdings in iShares U.S. Insurance ETF were worth $108,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Realta Investment Advisors bought a new position in shares of iShares U.S. Insurance ETF during the second quarter worth approximately $38,000. Farther Finance Advisors LLC bought a new position in shares of iShares U.S. Insurance ETF during the first quarter worth approximately $41,000. Ameritas Advisory Services LLC bought a new position in shares of iShares U.S. Insurance ETF during the second quarter worth approximately $41,000. Private Trust Co. NA bought a new position in shares of iShares U.S. Insurance ETF during the first quarter worth approximately $103,000. Finally, Copia Wealth Management bought a new position in shares of iShares U.S. Insurance ETF during the first quarter worth approximately $125,000.

iShares U.S. Insurance ETF Trading Up 1.6%

NYSEARCA IAK opened at $133.90 on Wednesday. The firm has a market capitalization of $669.50 million, a price-to-earnings ratio of 14.11 and a beta of 0.83. The firm’s 50 day simple moving average is $132.35 and its 200 day simple moving average is $131.90. iShares U.S. Insurance ETF has a 1 year low of $119.23 and a 1 year high of $139.08.

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.