Wedbush Securities Inc. Decreases Stock Position in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Wedbush Securities Inc. decreased its position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 34.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,687 shares of the company’s stock after selling 4,074 shares during the period. Wedbush Securities Inc.’s holdings in iShares U.S. Healthcare ETF were worth $448,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in iShares U.S. Healthcare ETF by 0.9% in the third quarter. JPMorgan Chase & Co. now owns 203,978 shares of the company’s stock worth $13,259,000 after purchasing an additional 1,854 shares during the last quarter. Brookstone Capital Management increased its holdings in shares of iShares U.S. Healthcare ETF by 19.1% in the 4th quarter. Brookstone Capital Management now owns 5,439 shares of the company’s stock worth $317,000 after buying an additional 872 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of iShares U.S. Healthcare ETF by 11.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 34,466 shares of the company’s stock valued at $2,008,000 after buying an additional 3,505 shares in the last quarter. D.A. Davidson & CO. raised its position in shares of iShares U.S. Healthcare ETF by 6.7% during the 4th quarter. D.A. Davidson & CO. now owns 5,394 shares of the company’s stock valued at $314,000 after buying an additional 341 shares in the last quarter. Finally, Rainey & Randall Wealth Advisors Inc. lifted its holdings in shares of iShares U.S. Healthcare ETF by 6.4% in the 4th quarter. Rainey & Randall Wealth Advisors Inc. now owns 55,414 shares of the company’s stock valued at $3,229,000 after acquiring an additional 3,331 shares during the last quarter.

iShares U.S. Healthcare ETF Price Performance

Shares of NYSEARCA IYH opened at $55.30 on Wednesday. iShares U.S. Healthcare ETF has a 1-year low of $53.93 and a 1-year high of $66.59. The business’s 50 day moving average is $60.99 and its two-hundred day moving average is $61.34. The stock has a market capitalization of $2.91 billion, a P/E ratio of 29.33 and a beta of 0.69.

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).