Perigon Wealth Management LLC Reduces Stock Position in iShares U.S. Healthcare ETF $IYH

Perigon Wealth Management LLC lessened its holdings in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 84.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 9,627 shares of the company’s stock after selling 50,796 shares during the period. Perigon Wealth Management LLC’s holdings in iShares U.S. Healthcare ETF were worth $565,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Laurel Wealth Advisors LLC grew its holdings in shares of iShares U.S. Healthcare ETF by 6,342.2% in the second quarter. Laurel Wealth Advisors LLC now owns 1,947,096 shares of the company’s stock worth $109,972,000 after purchasing an additional 1,916,872 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in 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 valued at $38,402,000 after buying an additional 161,946 shares during the period. Signature Estate & Investment Advisors LLC grew its stake in iShares U.S. Healthcare ETF by 1,032.2% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 147,301 shares of the company’s stock worth $8,320,000 after acquiring an additional 134,291 shares in the last quarter. Hsbc Holdings PLC increased its position in shares of iShares U.S. Healthcare ETF by 488.3% during the second quarter. Hsbc Holdings PLC now owns 124,250 shares of the company’s stock worth $7,018,000 after acquiring an additional 103,129 shares during the period. Finally, Forte Asset Management LLC purchased a new position in shares of iShares U.S. Healthcare ETF during the second quarter worth approximately $4,063,000.

iShares U.S. Healthcare ETF Stock Performance

iShares U.S. Healthcare ETF stock opened at $65.10 on Friday. The company has a market capitalization of $3.20 billion, a PE ratio of 21.05 and a beta of 0.65. The company has a 50 day moving average price of $64.09 and a 200-day moving average price of $59.80. iShares U.S. Healthcare ETF has a fifty-two week low of $53.35 and a fifty-two week high of $66.91.

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.