Sachetta LLC Grows Position in iShares U.S. Healthcare ETF $IYH

Sachetta LLC boosted its position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 13,288.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,443 shares of the company’s stock after purchasing an additional 10,365 shares during the period. Sachetta LLC’s holdings in iShares U.S. Healthcare ETF were worth $590,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Brown Advisory Inc. purchased a new position in shares of iShares U.S. Healthcare ETF during the first quarter valued at approximately $848,000. Sequoia Financial Advisors LLC bought a new stake in shares of iShares U.S. Healthcare ETF during the 1st quarter worth approximately $280,000. Cerity Partners LLC boosted its holdings in iShares U.S. Healthcare ETF by 44.7% during the 1st quarter. Cerity Partners LLC now owns 16,590 shares of the company’s stock valued at $1,010,000 after acquiring an additional 5,128 shares during the period. Worth Financial Advisory Group LLC grew its position in iShares U.S. Healthcare ETF by 2.5% in the 2nd quarter. Worth Financial Advisory Group LLC now owns 16,077 shares of the company’s stock valued at $908,000 after acquiring an additional 395 shares during the last quarter. Finally, M&T Bank Corp grew its position in iShares U.S. Healthcare ETF by 17.6% in the 1st quarter. M&T Bank Corp now owns 5,047 shares of the company’s stock valued at $307,000 after acquiring an additional 757 shares during the last quarter.

iShares U.S. Healthcare ETF Trading Down 0.5%

NYSEARCA:IYH opened at $60.87 on Tuesday. iShares U.S. Healthcare ETF has a twelve month low of $53.35 and a twelve month high of $65.31. The company has a market cap of $2.91 billion, a price-to-earnings ratio of 21.05 and a beta of 0.71. The stock has a fifty day simple moving average of $57.44 and a 200-day simple moving average of $56.95.

About iShares U.S. Healthcare ETF

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).