Black Swift Group LLC Makes New Investment in iShares U.S. Healthcare ETF $IYH

Black Swift Group LLC bought a new position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) during the fourth quarter, Holdings Channel.com reports. The fund bought 8,405 shares of the company’s stock, valued at approximately $547,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. AQR Capital Management LLC lifted its position in shares of iShares U.S. Healthcare ETF by 17.7% in the 1st quarter. AQR Capital Management LLC now owns 10,841 shares of the company’s stock worth $660,000 after purchasing an additional 1,627 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of iShares U.S. Healthcare ETF by 34.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 630,685 shares of the company’s stock worth $38,402,000 after purchasing an additional 161,946 shares during the period. Jane Street Group LLC purchased a new stake in shares of iShares U.S. Healthcare ETF in the 1st quarter worth approximately $520,000. Focus Partners Wealth lifted its position in shares of iShares U.S. Healthcare ETF by 20.1% in the 1st quarter. Focus Partners Wealth now owns 8,810 shares of the company’s stock worth $536,000 after purchasing an additional 1,477 shares during the period. Finally, Cerity Partners LLC lifted its position in shares of iShares U.S. Healthcare ETF by 5.5% in the 2nd quarter. Cerity Partners LLC now owns 17,500 shares of the company’s stock worth $988,000 after purchasing an additional 910 shares during the period.

iShares U.S. Healthcare ETF Stock Performance

Shares of IYH opened at $63.03 on Monday. The company has a 50 day moving average price of $61.58 and a 200-day moving average price of $63.89. iShares U.S. Healthcare ETF has a fifty-two week low of $53.94 and a fifty-two week high of $67.63. The stock has a market capitalization of $2.95 billion, a PE ratio of 21.05 and a beta of 0.59.

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.