Allstate Corp lessened its holdings in iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report) by 63.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 4,624 shares of the company’s stock after selling 8,176 shares during the period. Allstate Corp’s holdings in iShares U.S. Healthcare ETF were worth $301,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Entrust Financial LLC bought a new position in iShares U.S. Healthcare ETF in the fourth quarter valued at about $50,000. Optima Capital LLC bought a new stake in shares of iShares U.S. Healthcare ETF during the fourth quarter worth about $51,000. Ransom Advisory Ltd bought a new stake in shares of iShares U.S. Healthcare ETF during the fourth quarter worth about $65,000. Triumph Capital Management bought a new stake in shares of iShares U.S. Healthcare ETF during the third quarter worth about $59,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in shares of iShares U.S. Healthcare ETF during the third quarter worth about $83,000.
iShares U.S. Healthcare ETF Trading Down 0.8%
NYSEARCA:IYH opened at $63.03 on Friday. The stock has a market cap of $2.95 billion, a P/E ratio of 21.05 and a beta of 0.59. The stock’s 50-day moving average is $61.58 and its 200-day moving average is $63.88. iShares U.S. Healthcare ETF has a 1-year low of $53.94 and a 1-year high of $67.63.
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). 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.
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Want to see what other hedge funds are holding IYH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report).
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