The Manufacturers Life Insurance Company purchased a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund purchased 49,200 shares of the company’s stock, valued at approximately $3,297,000.
A number of other large investors also recently made changes to their positions in the business. FIL Ltd lifted its holdings in shares of iShares U.S. Healthcare ETF by 514.1% during the 4th quarter. FIL Ltd now owns 3,894,874 shares of the company’s stock worth $254,634,000 after acquiring an additional 3,260,654 shares during the period. Hsbc Holdings PLC boosted its position in shares of iShares U.S. Healthcare ETF by 1,008.8% in the fourth quarter. Hsbc Holdings PLC now owns 1,237,489 shares of the company’s stock worth $80,561,000 after acquiring an additional 1,125,886 shares during the last quarter. Pinkerton Wealth LLC purchased a new stake in iShares U.S. Healthcare ETF in the fourth quarter valued at approximately $40,091,000. Sherman Porfolios LLC purchased a new stake in iShares U.S. Healthcare ETF in the fourth quarter valued at approximately $17,652,000. Finally, Camarda Financial Advisors LLC acquired a new position in iShares U.S. Healthcare ETF during the fourth quarter worth approximately $14,556,000.
iShares U.S. Healthcare ETF Stock Performance
Shares of IYH stock opened at $69.92 on Monday. The firm has a market capitalization of $3.53 billion, a price-to-earnings ratio of 21.05 and a beta of 0.58. iShares U.S. Healthcare ETF has a one year low of $56.44 and a one year high of $74.59. The company has a 50 day moving average price of $70.21 and a 200 day moving average price of $65.51.
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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