Strategic Blueprint LLC Takes $422,000 Position in iShares U.S. Insurance ETF $IAK

Strategic Blueprint LLC bought a new stake in shares of iShares U.S. Insurance ETF (NYSEARCA:IAK) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,138 shares of the company’s stock, valued at approximately $422,000.

A number of other hedge funds have also recently modified their holdings of the business. LPL Financial LLC boosted its holdings in shares of iShares U.S. Insurance ETF by 37.7% during the 1st quarter. LPL Financial LLC now owns 159,813 shares of the company’s stock valued at $22,024,000 after buying an additional 43,716 shares in the last quarter. WESPAC Advisors SoCal LLC raised its position in shares of iShares U.S. Insurance ETF by 35.9% in the 2nd quarter. WESPAC Advisors SoCal LLC now owns 89,592 shares of the company’s stock worth $12,047,000 after purchasing an additional 23,685 shares during the last quarter. Beacon Harbor Wealth Advisors Inc. purchased a new position in shares of iShares U.S. Insurance ETF in the 1st quarter worth about $11,958,000. Spectrum Wealth Counsel LLC raised its position in shares of iShares U.S. Insurance ETF by 20.8% in the 1st quarter. Spectrum Wealth Counsel LLC now owns 71,539 shares of the company’s stock worth $9,859,000 after purchasing an additional 12,307 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC raised its position in shares of iShares U.S. Insurance ETF by 26.2% in the 2nd quarter. MinichMacGregor Wealth Management LLC now owns 69,142 shares of the company’s stock worth $9,297,000 after purchasing an additional 14,355 shares during the last quarter.

iShares U.S. Insurance ETF Price Performance

IAK opened at $128.19 on Monday. The stock has a 50-day moving average price of $132.00 and a 200-day moving average price of $131.77. The firm has a market cap of $634.54 million, a PE ratio of 14.11 and a beta of 0.83. 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.