Corrado Advisors LLC purchased a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 27,190 shares of the company’s stock, valued at approximately $1,946,000.
A number of other hedge funds have also added to or reduced their stakes in the stock. Hsbc Holdings PLC lifted its holdings in shares of iShares U.S. Healthcare ETF by 1,008.8% in the fourth quarter. Hsbc Holdings PLC now owns 1,237,489 shares of the company’s stock valued at $80,561,000 after purchasing an additional 1,125,886 shares in the last quarter. Royal Bank of Canada raised its position in iShares U.S. Healthcare ETF by 7.8% in the 1st quarter. Royal Bank of Canada now owns 899,816 shares of the company’s stock valued at $55,466,000 after buying an additional 64,913 shares during the last quarter. Oakworth Capital Inc. purchased a new stake in iShares U.S. Healthcare ETF in the 3rd quarter valued at $43,645,000. Kestra Advisory Services LLC raised its position in iShares U.S. Healthcare ETF by 8.7% in the 1st quarter. Kestra Advisory Services LLC now owns 421,205 shares of the company’s stock valued at $25,963,000 after buying an additional 33,731 shares during the last quarter. Finally, Park Avenue Securities LLC purchased a new stake in iShares U.S. Healthcare ETF in the 3rd quarter valued at $12,984,000.
iShares U.S. Healthcare ETF Trading Up 0.5%
Shares of NYSEARCA:IYH opened at $75.84 on Thursday. The stock has a market cap of $4.54 billion, a PE ratio of 21.05 and a beta of 0.56. The stock’s fifty day simple moving average is $72.56 and its two-hundred day simple moving average is $66.69. iShares U.S. Healthcare ETF has a 1-year low of $59.63 and a 1-year high of $76.55.
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.
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