CoreCap Advisors LLC Boosts Holdings in iShares U.S. Healthcare ETF $IYH

CoreCap Advisors LLC lifted its holdings in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 1,291.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,812 shares of the company’s stock after purchasing an additional 53,656 shares during the period. CoreCap Advisors LLC’s holdings in iShares U.S. Healthcare ETF were worth $3,764,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new position in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at approximately $215,000. Central Valley Advisors LLC raised its position in shares of iShares U.S. Healthcare ETF by 7.2% in the 4th quarter. Central Valley Advisors LLC now owns 10,874 shares of the company’s stock worth $708,000 after buying an additional 731 shares during the period. DAVENPORT & Co LLC raised its holdings in shares of iShares U.S. Healthcare ETF by 4.7% in the 4th quarter. DAVENPORT & Co LLC now owns 26,686 shares of the company’s stock worth $1,737,000 after purchasing an additional 1,204 shares during the period. Asempa Wealth Advisors acquired a new position in iShares U.S. Healthcare ETF during the fourth quarter valued at approximately $818,000. Finally, Yeomans Consulting Group Inc. acquired a new position in shares of iShares U.S. Healthcare ETF during the 4th quarter valued at $1,299,000.

iShares U.S. Healthcare ETF Price Performance

Shares of NYSEARCA IYH opened at $60.06 on Friday. The business has a 50-day moving average of $64.46 and a 200-day moving average of $63.27. The company 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 $67.63.

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.