Glenview Trust co Invests $297,000 in iShares U.S. Insurance ETF (NYSEARCA:IAK)

Glenview Trust co acquired a new position in iShares U.S. Insurance ETF (NYSEARCA:IAK) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,350 shares of the company’s stock, valued at approximately $297,000.

A number of other large investors also recently modified their holdings of IAK. Harbour Investments Inc. purchased a new position in shares of iShares U.S. Insurance ETF in the 4th quarter worth about $25,000. AdvisorNet Financial Inc raised its holdings in shares of iShares U.S. Insurance ETF by 21.0% in the 4th quarter. AdvisorNet Financial Inc now owns 962 shares of the company’s stock worth $122,000 after purchasing an additional 167 shares during the period. Spire Wealth Management raised its holdings in shares of iShares U.S. Insurance ETF by 16.7% in the 4th quarter. Spire Wealth Management now owns 1,735 shares of the company’s stock worth $219,000 after purchasing an additional 248 shares during the period. Raymond James Trust N.A. purchased a new position in shares of iShares U.S. Insurance ETF in the 3rd quarter worth about $222,000. Finally, Larson Financial Group LLC raised its holdings in shares of iShares U.S. Insurance ETF by 6.3% during the 3rd quarter. Larson Financial Group LLC now owns 1,766 shares of the company’s stock valued at $228,000 after buying an additional 105 shares during the period.

iShares U.S. Insurance ETF Stock Performance

Shares of NYSEARCA:IAK opened at $137.90 on Tuesday. The company has a market cap of $765.35 million, a P/E ratio of 12.99 and a beta of 0.80. iShares U.S. Insurance ETF has a one year low of $109.09 and a one year high of $139.08. The business’s 50-day simple moving average is $129.77 and its 200 day simple moving average is $129.78.

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.