Royal Bank of Canada Boosts Stake in iShares U.S. Healthcare ETF $IYH

Royal Bank of Canada increased its position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 7.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 899,816 shares of the company’s stock after acquiring an additional 64,913 shares during the period. Royal Bank of Canada owned approximately 1.92% of iShares U.S. Healthcare ETF worth $55,466,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC lifted its position in iShares U.S. Healthcare ETF by 17.7% during the first quarter. AQR Capital Management LLC now owns 10,841 shares of the company’s stock valued at $660,000 after purchasing an additional 1,627 shares during the period. Goldman Sachs Group Inc. boosted its position in iShares U.S. Healthcare ETF by 34.5% during the first quarter. Goldman Sachs Group Inc. now owns 630,685 shares of the company’s stock worth $38,402,000 after purchasing an additional 161,946 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of iShares U.S. Healthcare ETF during the 1st quarter valued at approximately $520,000. Focus Partners Wealth lifted its holdings in iShares U.S. Healthcare ETF by 20.1% during the first quarter. Focus Partners Wealth now owns 8,810 shares of the company’s stock valued at $536,000 after purchasing an additional 1,477 shares in the last quarter. Finally, Cerity Partners LLC boosted its holdings in iShares U.S. Healthcare ETF by 5.5% in the 2nd quarter. Cerity Partners LLC now owns 17,500 shares of the company’s stock worth $988,000 after buying an additional 910 shares during the last quarter.

iShares U.S. Healthcare ETF Stock Performance

Shares of IYH stock opened at $68.34 on Friday. iShares U.S. Healthcare ETF has a fifty-two week low of $53.94 and a fifty-two week high of $70.78. The stock’s fifty day moving average is $65.96 and its two-hundred day moving average is $64.26. The firm has a market capitalization of $3.44 billion, a P/E ratio of 21.05 and a beta of 0.58.

iShares U.S. Healthcare ETF Company 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.