Sovran Advisors LLC Takes Position in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Sovran Advisors LLC acquired a new position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 6,361 shares of the company’s stock, valued at approximately $377,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP purchased a new stake in shares of iShares U.S. Healthcare ETF during the third quarter worth about $32,000. Truvestments Capital LLC purchased a new position in shares of iShares U.S. Healthcare ETF during the 3rd quarter valued at approximately $32,000. Brown Brothers Harriman & Co. purchased a new position in shares of iShares U.S. Healthcare ETF during the 3rd quarter valued at approximately $58,000. NBC Securities Inc. raised its holdings in iShares U.S. Healthcare ETF by 30.0% in the third quarter. NBC Securities Inc. now owns 2,710 shares of the company’s stock valued at $176,000 after acquiring an additional 625 shares in the last quarter. Finally, Cladis Investment Advisory LLC acquired a new stake in iShares U.S. Healthcare ETF in the third quarter valued at $202,000.

iShares U.S. Healthcare ETF Price Performance

IYH opened at $61.38 on Thursday. The firm’s fifty day moving average price is $60.10 and its 200 day moving average price is $62.47. The stock has a market capitalization of $3.41 billion, a PE ratio of 4.91 and a beta of 0.56. iShares U.S. Healthcare ETF has a 12-month low of $57.38 and a 12-month high of $66.59.

iShares U.S. Healthcare ETF Company 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).