Farther Finance Advisors LLC Purchases 10,040 Shares of iShares U.S. Healthcare ETF $IYH

Farther Finance Advisors LLC lifted its holdings in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 446.4% in the third quarter, Holdings Channel.com reports. The fund owned 12,289 shares of the company’s stock after purchasing an additional 10,040 shares during the period. Farther Finance Advisors LLC’s holdings in iShares U.S. Healthcare ETF were worth $722,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of IYH. Russell Investments Group Ltd. grew its holdings in shares of iShares U.S. Healthcare ETF by 192.1% during the 1st quarter. Russell Investments Group Ltd. now owns 1,434 shares of the company’s stock worth $87,000 after acquiring an additional 943 shares during the period. Focus Partners Advisor Solutions LLC boosted its stake in iShares U.S. Healthcare ETF by 15.2% in the 1st quarter. Focus Partners Advisor Solutions LLC now owns 4,719 shares of the company’s stock worth $287,000 after purchasing an additional 623 shares in the last quarter. Promethium Advisors LLC bought a new position in shares of iShares U.S. Healthcare ETF in the first quarter worth approximately $201,000. AQR Capital Management LLC boosted its stake in iShares U.S. Healthcare ETF by 17.7% during the 1st quarter. AQR Capital Management LLC now owns 10,841 shares of the company’s stock valued at $660,000 after purchasing an additional 1,627 shares during the last quarter. Finally, Banque Transatlantique SA purchased a new stake in shares of iShares U.S. Healthcare ETF during the first quarter valued at $115,000.

iShares U.S. Healthcare ETF Price Performance

NYSEARCA IYH opened at $65.50 on Wednesday. The business’s fifty day moving average price is $63.94 and its 200-day moving average price is $59.72. The stock has a market capitalization of $3.22 billion, a price-to-earnings ratio of 21.05 and a beta of 0.65. iShares U.S. Healthcare ETF has a 1-year low of $53.35 and a 1-year high of $66.91.

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). 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.