Horizon Wealth Management LLC Acquires 221,882 Shares of iShares U.S. Healthcare ETF $IYH

Horizon Wealth Management LLC acquired a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 221,882 shares of the company’s stock, valued at approximately $15,878,000. iShares U.S. Healthcare ETF accounts for 2.0% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 20th largest position. Horizon Wealth Management LLC owned 0.37% of iShares U.S. Healthcare ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IYH. AIA Group Ltd acquired a new position in iShares U.S. Healthcare ETF in the third quarter valued at $261,449,000. Royal Bank of Canada boosted its stake 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 worth $55,466,000 after buying an additional 64,913 shares during the last quarter. Oakworth Capital Inc. acquired a new stake in iShares U.S. Healthcare ETF in the 3rd quarter worth about $43,645,000. Kestra Advisory Services LLC grew its holdings in iShares U.S. Healthcare ETF by 2.3% in the 3rd quarter. Kestra Advisory Services LLC now owns 430,280 shares of the company’s stock valued at $30,791,000 after buying an additional 9,798 shares during the period. Finally, Commonwealth Equity Services LLC purchased a new stake in iShares U.S. Healthcare ETF in the 3rd quarter valued at about $20,700,000.

iShares U.S. Healthcare ETF Price Performance

IYH opened at $77.63 on Friday. iShares U.S. Healthcare ETF has a 12 month low of $59.63 and a 12 month high of $80.71. The business has a 50-day moving average of $73.07 and a two-hundred day moving average of $67.05. The stock has a market capitalization of $4.63 billion, a price-to-earnings ratio of 33.46 and a beta of 0.55.

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.