Retirement Planning Group LLC Makes New Investment in iShares U.S. Healthcare ETF $IYH

Retirement Planning Group LLC bought a new stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,432 shares of the company’s stock, valued at approximately $603,000.

Other hedge funds also recently made changes to their positions in the company. Sax Wealth Advisors LLC raised its position in iShares U.S. Healthcare ETF by 4.7% in the third quarter. Sax Wealth Advisors LLC now owns 6,804 shares of the company’s stock worth $487,000 after acquiring an additional 307 shares during the period. HB Wealth Management LLC raised its holdings in iShares U.S. Healthcare ETF by 5.9% during the 2nd quarter. HB Wealth Management LLC now owns 5,634 shares of the company’s stock valued at $378,000 after acquiring an additional 316 shares during the period. Laurel Oak Wealth Management LLC lifted its holdings in iShares U.S. Healthcare ETF by 2.8% during the 1st quarter. Laurel Oak Wealth Management LLC now owns 12,641 shares of the company’s stock worth $779,000 after purchasing an additional 340 shares in the last quarter. Merkkuri Wealth Advisors LLC lifted its holdings in shares of iShares U.S. Healthcare ETF by 1.9% in the first quarter. Merkkuri Wealth Advisors LLC now owns 18,310 shares of the company’s stock worth $1,129,000 after buying an additional 347 shares in the last quarter. Finally, CENTRAL TRUST Co lifted its stake in iShares U.S. Healthcare ETF by 37.4% in the 1st quarter. CENTRAL TRUST Co now owns 1,285 shares of the company’s stock worth $79,000 after purchasing an additional 350 shares in the last quarter.

iShares U.S. Healthcare ETF Stock Performance

NYSEARCA:IYH opened at $75.22 on Thursday. The firm has a market capitalization of $4.39 billion, a price-to-earnings ratio of 21.05 and a beta of 0.56. The stock has a fifty day moving average of $72.13 and a 200 day moving average of $67.29. iShares U.S. Healthcare ETF has a 52-week low of $59.63 and a 52-week high of $75.67.

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.