Northwestern Mutual Wealth Management Co. Has $68.17 Million Stock Holdings in iShares U.S. Healthcare ETF $IYH

Northwestern Mutual Wealth Management Co. decreased its position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,047,106 shares of the company’s stock after selling 19,665 shares during the period. Northwestern Mutual Wealth Management Co. owned 1.95% of iShares U.S. Healthcare ETF worth $68,167,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Entrust Financial LLC bought a new stake in shares of iShares U.S. Healthcare ETF during the 4th quarter worth about $50,000. Optima Capital LLC bought a new position in shares of iShares U.S. Healthcare ETF in the 4th quarter valued at approximately $51,000. Triumph Capital Management bought a new position in shares of iShares U.S. Healthcare ETF in the 3rd quarter valued at approximately $59,000. Ransom Advisory Ltd acquired a new stake in iShares U.S. Healthcare ETF in the 4th quarter worth approximately $65,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in iShares U.S. Healthcare ETF in the 3rd quarter worth approximately $83,000.

iShares U.S. Healthcare ETF Trading Down 0.8%

Shares of iShares U.S. Healthcare ETF stock opened at $63.03 on Friday. The firm has a fifty day simple moving average of $61.58 and a 200-day simple moving average of $63.88. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 21.05 and a beta of 0.59. iShares U.S. Healthcare ETF has a 1-year low of $53.94 and a 1-year high of $67.63.

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.