Foundations Investment Advisors LLC acquired a new stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 13,074 shares of the company’s stock, valued at approximately $851,000.
Several other institutional investors have also recently modified their holdings of IYH. Pinkerton Wealth LLC bought a new position in shares of iShares U.S. Healthcare ETF during the 4th quarter valued at about $40,091,000. Principal Financial Group Inc. bought a new position in shares of iShares U.S. Healthcare ETF during the 3rd quarter valued at about $9,855,000. Goldman Sachs Group Inc. increased its position in shares of iShares U.S. Healthcare ETF by 34.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 630,685 shares of the company’s stock valued at $38,402,000 after purchasing an additional 161,946 shares during the last quarter. Three Seasons Wealth LLC bought a new position in shares of iShares U.S. Healthcare ETF during the 4th quarter valued at about $9,395,000. Finally, RPS Advisory Solutions LLC bought a new position in shares of iShares U.S. Healthcare ETF during the 4th quarter valued at about $9,376,000.
iShares U.S. Healthcare ETF Stock Performance
Shares of iShares U.S. Healthcare ETF stock opened at $63.03 on Monday. The firm has a market capitalization of $2.95 billion, a PE ratio of 21.05 and a beta of 0.59. The business’s 50-day moving average price is $61.58 and its 200-day moving average price is $63.89. iShares U.S. Healthcare ETF has a 12 month low of $53.94 and a 12 month 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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