Hsbc Holdings PLC lifted its position in iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report) by 1,008.8% in the fourth quarter, Holdings Channel reports. The firm owned 1,237,489 shares of the company’s stock after buying an additional 1,125,886 shares during the period. Hsbc Holdings PLC’s holdings in iShares U.S. Healthcare ETF were worth $80,561,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Audent Global Asset Management LLC increased its holdings in iShares U.S. Healthcare ETF by 10.6% during the fourth quarter. Audent Global Asset Management LLC now owns 73,773 shares of the company’s stock valued at $4,803,000 after buying an additional 7,051 shares during the period. Bayban bought a new position in iShares U.S. Healthcare ETF in the fourth quarter worth approximately $42,000. Reflection Asset Management purchased a new stake in iShares U.S. Healthcare ETF during the fourth quarter worth $80,000. Sankala Group LLC bought a new stake in iShares U.S. Healthcare ETF during the 4th quarter valued at $1,223,000. Finally, Astoria Portfolio Advisors LLC. bought a new stake in iShares U.S. Healthcare ETF during the 4th quarter valued at $728,000.
iShares U.S. Healthcare ETF Stock Performance
Shares of NYSEARCA:IYH opened at $69.21 on Friday. The company has a market capitalization of $3.26 billion, a PE ratio of 21.05 and a beta of 0.58. iShares U.S. Healthcare ETF has a 12-month low of $53.94 and a 12-month high of $69.26. The business’s fifty day simple moving average is $63.15 and its 200-day simple moving average is $63.89.
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.
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