iShares U.S. Insurance ETF [IAK] Stock Forecast

Insurance ETFs have been gaining steadily. Coverage for intangible assets especially in the area of technology holds promise.

Wall Street wrapped up 2022 with the biggest annual loss since 2008 and the first yearly fall since 2018.

Mark Avallone, Potomac Wealth Advisors president, joins 'The Exchange' to discuss positioning in 2023.

The year 2022 has been brutal for the stock market due to soaring inflation and the Federal Reserve's aggressive interest rate hikes.

iShares' IAK soars on rising company profits, helpful Fed moves and a stable industry.

Though hardly a heartwarming subject, investors may need to focus their attention on the best investment funds to prepare for a possible recession. To be fair, many pundits across the aisle leveled several apocalyptic scenarios since the start of the coronavirus pandemic.

Sector ETF report for IAK

Hopes of smaller interest rate hikes from December thanks to a slight decline in inflation and holiday season shopping may boost investors' risk-on sentiments in December.

Insurance equities keep beating the broad market despite stocks being in a more risk-on environment. As yields fluctuate, pressuring banks, insurers are doing well.

This company has consistently made higher highs this year while the market has whipped back and forth.

iShares U.S. Insurance ETF is a US stock and trading under the symbol IAK

iShares U.S. Insurance ETF stock price is $92.22 today.

Yes, iShares U.S. Insurance ETF is a publicly traded company.