IAK - iShares U.S. Insurance ETF
|Ex-Dividend Date||Mar 25, 2021|
|Trading Day||April 21|
|Day's Range||76.31 - 78.12|
|52-Week Range||43.75 - 78.12|
The investment seeks to track the investment results of the Dow Jones U.S. Select Insurance Index composed of U.S. equities in the insurance sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the insurance sector of the U.S. equity market. The fund is non-diversified.
|Asset Class |
|Inception Date |
May 1, 2006
|Ticker Symbol |
|Index Tracked |
Dow Jones U.S. Select Insurance Index
Top 10 Holdings60.00% of assets
|American International Group||AIG||6.06%|
|Arthur J. Gallagher||AJG||3.84%|
|Hartford Financial Services||HIG||3.72%|
|Mar 25, 2021||$0.582||Mar 31, 2021|
|Dec 14, 2020||$0.309||Dec 18, 2020|
|Sep 23, 2020||$0.36||Sep 29, 2020|
|Jun 15, 2020||$0.219||Jun 19, 2020|
|Mar 25, 2020||$0.506||Mar 31, 2020|
|Dec 16, 2019||$0.314||Dec 20, 2019|
A slew of strong earnings had a positive impact on the insurance ETFs, which saw smooth trading over the past week and the past month.
The pandemic may have upended many jobs in America, but certain subsectors of the financial services industry are thriving. Take insurance for example—this gives exchange-traded fund (ETF) investors the...
Insurance ETFs, including the iShares US Insurance ETF (NYSEArca: IAK), are being hit on multiple fronts in the current environment.
In an emergency move, one that some argued was a sign of panic, the Federal Reserve on Tuesday slashed interest rates by 50 basis points.
Strong quarterly results out of property-and-casualty insurance giants Chubb Ltd. (NYSE: CB) and Allstate Corp.
This insurance ETF hit a 52-week high on Tuesday. Can it surge higher?