RMG Wealth Management LLC Makes New Investment in iShares U.S. Healthcare ETF $IYH

RMG Wealth Management LLC purchased a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 500 shares of the company’s stock, valued at approximately $28,000.

A number of other institutional investors and hedge funds also recently modified their holdings of IYH. NBC Securities Inc. increased its stake in shares of iShares U.S. Healthcare ETF by 135,400.0% in the 1st quarter. NBC Securities Inc. now owns 2,710 shares of the company’s stock valued at $165,000 after acquiring an additional 2,708 shares during the last quarter. Merit Financial Group LLC increased its stake in shares of iShares U.S. Healthcare ETF by 23.9% in the 1st quarter. Merit Financial Group LLC now owns 6,868 shares of the company’s stock valued at $418,000 after acquiring an additional 1,323 shares during the last quarter. Park Avenue Securities LLC increased its stake in shares of iShares U.S. Healthcare ETF by 23.5% in the 1st quarter. Park Avenue Securities LLC now owns 56,422 shares of the company’s stock valued at $3,436,000 after acquiring an additional 10,734 shares during the last quarter. Courier Capital LLC bought a new stake in shares of iShares U.S. Healthcare ETF in the 1st quarter valued at about $318,000. Finally, Ferguson Wellman Capital Management Inc. increased its stake in shares of iShares U.S. Healthcare ETF by 2,375.1% in the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 199,075 shares of the company’s stock valued at $12,122,000 after acquiring an additional 191,032 shares during the last quarter.

iShares U.S. Healthcare ETF Price Performance

Shares of IYH stock opened at $60.91 on Wednesday. The stock has a market cap of $2.91 billion, a PE ratio of 21.05 and a beta of 0.71. The stock has a 50-day moving average of $57.53 and a 200-day moving average of $56.98. iShares U.S. Healthcare ETF has a one year low of $53.35 and a one year high of $65.31.

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).