Forte Asset Management LLC Takes $4.06 Million Position in iShares U.S. Healthcare ETF $IYH

Forte Asset Management LLC purchased a new stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 71,928 shares of the company’s stock, valued at approximately $4,063,000. iShares U.S. Healthcare ETF makes up 2.1% of Forte Asset Management LLC’s investment portfolio, making the stock its 19th largest position. Forte Asset Management LLC owned approximately 0.15% of iShares U.S. Healthcare ETF at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IYH. RMG Wealth Management LLC purchased a new position in shares of iShares U.S. Healthcare ETF during the 2nd quarter valued at $28,000. Financial Perspectives Inc purchased a new position in shares of iShares U.S. Healthcare ETF during the 2nd quarter valued at $30,000. Flaharty Asset Management LLC purchased a new position in shares of iShares U.S. Healthcare ETF during the 1st quarter valued at $37,000. Hilltop National Bank purchased a new position in shares of iShares U.S. Healthcare ETF during the 2nd quarter valued at $45,000. Finally, Strategic Investment Solutions Inc. IL grew its position in shares of iShares U.S. Healthcare ETF by 407.6% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 797 shares of the company’s stock valued at $49,000 after purchasing an additional 640 shares in the last quarter.

iShares U.S. Healthcare ETF Stock Performance

Shares of NYSEARCA:IYH opened at $61.55 on Friday. iShares U.S. Healthcare ETF has a 52-week low of $53.35 and a 52-week high of $63.72. The firm has a fifty day moving average of $58.86 and a 200 day moving average of $57.13. The firm has a market capitalization of $2.92 billion, a PE ratio of 21.05 and a beta of 0.71.

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).