Park Avenue Securities LLC Grows Holdings in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Park Avenue Securities LLC raised its position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 23.5% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 56,422 shares of the company’s stock after purchasing an additional 10,734 shares during the period. Park Avenue Securities LLC’s holdings in iShares U.S. Healthcare ETF were worth $3,436,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arbor Investment Advisors LLC grew its position in shares of iShares U.S. Healthcare ETF by 4.5% in the 4th quarter. Arbor Investment Advisors LLC now owns 4,264 shares of the company’s stock worth $248,000 after acquiring an additional 185 shares in the last quarter. Laidlaw Wealth Management LLC lifted its stake in iShares U.S. Healthcare ETF by 2.7% during the fourth quarter. Laidlaw Wealth Management LLC now owns 8,148 shares of the company’s stock worth $475,000 after purchasing an additional 215 shares during the last quarter. Scotia Capital Inc. boosted its holdings in iShares U.S. Healthcare ETF by 1.1% in the fourth quarter. Scotia Capital Inc. now owns 19,647 shares of the company’s stock worth $1,145,000 after purchasing an additional 222 shares during the period. Bank Julius Baer & Co. Ltd Zurich increased its stake in iShares U.S. Healthcare ETF by 7.4% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,579 shares of the company’s stock valued at $230,000 after purchasing an additional 247 shares during the last quarter. Finally, Johnson Investment Counsel Inc. increased its stake in iShares U.S. Healthcare ETF by 0.9% during the fourth quarter. Johnson Investment Counsel Inc. now owns 35,485 shares of the company’s stock valued at $2,068,000 after purchasing an additional 315 shares during the last quarter.

iShares U.S. Healthcare ETF Stock Performance

iShares U.S. Healthcare ETF stock opened at $56.23 on Tuesday. iShares U.S. Healthcare ETF has a 1 year low of $53.35 and a 1 year high of $66.59. The firm’s 50-day moving average is $56.26 and its 200-day moving average is $59.16. The company has a market cap of $2.80 billion, a P/E ratio of 23.92 and a beta of 0.69.

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).