Hardy Reed LLC Makes New $2.16 Million Investment in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Hardy Reed LLC purchased a new position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 37,000 shares of the company’s stock, valued at approximately $2,156,000. Hardy Reed LLC owned 0.07% of iShares U.S. Healthcare ETF at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in IYH. Creative Planning boosted its position in shares of iShares U.S. Healthcare ETF by 3.4% during the third quarter. Creative Planning now owns 45,747 shares of the company’s stock valued at $2,974,000 after purchasing an additional 1,504 shares in the last quarter. Rainey & Randall Investment Management Inc. boosted its position in shares of iShares U.S. Healthcare ETF by 1.7% during the third quarter. Rainey & Randall Investment Management Inc. now owns 52,083 shares of the company’s stock valued at $3,385,000 after purchasing an additional 881 shares in the last quarter. Lazari Capital Management Inc. bought a new stake in shares of iShares U.S. Healthcare ETF during the third quarter valued at approximately $300,000. International Assets Investment Management LLC boosted its position in shares of iShares U.S. Healthcare ETF by 6,271.7% during the third quarter. International Assets Investment Management LLC now owns 222,753 shares of the company’s stock valued at $14,479,000 after purchasing an additional 219,257 shares in the last quarter. Finally, Merkkuri Wealth Advisors LLC boosted its position in shares of iShares U.S. Healthcare ETF by 11.3% during the third quarter. Merkkuri Wealth Advisors LLC now owns 28,223 shares of the company’s stock valued at $1,835,000 after purchasing an additional 2,875 shares in the last quarter.

iShares U.S. Healthcare ETF Stock Up 1.2 %

NYSEARCA IYH opened at $61.54 on Thursday. iShares U.S. Healthcare ETF has a twelve month low of $57.38 and a twelve month high of $66.59. The firm has a market capitalization of $3.17 billion, a PE ratio of 30.56 and a beta of 0.70. The stock’s 50 day moving average is $60.08 and its 200 day moving average is $62.40.

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).