Cetera Investment Advisers Increases Position in iShares U.S. Healthcare ETF $IYH

Cetera Investment Advisers raised its position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 6.2% during the first quarter, HoldingsChannel reports. The firm owned 206,074 shares of the company’s stock after purchasing an additional 12,038 shares during the period. Cetera Investment Advisers’ holdings in iShares U.S. Healthcare ETF were worth $12,702,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Simplex Trading LLC purchased a new position in shares of iShares U.S. Healthcare ETF in the 4th quarter worth about $28,000. Quadrant Capital Group LLC purchased a new position in shares of iShares U.S. Healthcare ETF during the 4th quarter valued at about $29,000. Investment Counsel Co. of Nevada purchased a new position in shares of iShares U.S. Healthcare ETF during the 4th quarter valued at about $34,000. Bayban bought a new stake in iShares U.S. Healthcare ETF in the 4th quarter worth approximately $42,000. Finally, Entrust Financial LLC bought a new stake in iShares U.S. Healthcare ETF in the 4th quarter worth approximately $50,000.

iShares U.S. Healthcare ETF Price Performance

Shares of IYH opened at $69.87 on Thursday. The firm has a market cap of $3.49 billion, a P/E ratio of 21.05 and a beta of 0.58. The stock has a 50 day simple moving average of $65.73 and a two-hundred day simple moving average of $64.22. iShares U.S. Healthcare ETF has a 1 year low of $53.94 and a 1 year high of $70.78.

iShares U.S. Healthcare ETF Profile

iShares U.S. Healthcare ETF (the Fund), formerly iShares Dow Jones U.S. Healthcare Sector Index Fund (the Fund) is a non-diversified exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Health Care Index (the Index). The Index measures the performance of the healthcare sector of the United States equity market, and includes companies in the industry groups, such as healthcare equipment and services, pharmaceuticals and biotechnology.