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

Strategic Blueprint LLC purchased a new position in 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 purchased 3,138 shares of the company’s stock, valued at approximately $422,000. Strategic Blueprint LLC owned 0.05% of iShares U.S. Insurance ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. LPL Financial LLC increased its stake in shares of iShares U.S. Insurance ETF by 37.7% in the 1st quarter. LPL Financial LLC now owns 159,813 shares of the company’s stock valued at $22,024,000 after acquiring an additional 43,716 shares in the last quarter. WESPAC Advisors SoCal LLC increased its stake 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 valued at $12,047,000 after acquiring an additional 23,685 shares in the last quarter. Beacon Harbor Wealth Advisors Inc. bought a new stake in shares of iShares U.S. Insurance ETF in the 1st quarter valued at $11,958,000. Spectrum Wealth Counsel LLC increased its stake 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 valued at $9,859,000 after acquiring an additional 12,307 shares in the last quarter. Finally, MinichMacGregor Wealth Management LLC increased its stake 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 valued at $9,297,000 after acquiring an additional 14,355 shares in the last quarter.

iShares U.S. Insurance ETF Stock Down 0.3%

NYSEARCA:IAK opened at $128.19 on Monday. The company has a fifty day moving average of $132.00 and a 200-day moving average of $131.77. The firm has a market capitalization of $634.54 million, a P/E ratio of 14.11 and a beta of 0.83. iShares U.S. Insurance ETF has a twelve month low of $119.23 and a twelve month high of $139.08.

iShares U.S. Insurance ETF Company Profile

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.