Hsbc Holdings PLC Purchases 1,125,886 Shares of iShares U.S. Healthcare ETF $IYH

Hsbc Holdings PLC lifted its position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 1,008.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,237,489 shares of the company’s stock after acquiring an additional 1,125,886 shares during the quarter. Hsbc Holdings PLC owned 2.31% of iShares U.S. Healthcare ETF worth $80,561,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IYH. Bayban purchased a new stake in iShares U.S. Healthcare ETF in the 4th quarter worth about $42,000. Reflection Asset Management purchased a new position in shares of iShares U.S. Healthcare ETF during the fourth quarter valued at approximately $80,000. Sankala Group LLC bought a new position in shares of iShares U.S. Healthcare ETF during the fourth quarter valued at approximately $1,223,000. Astoria Portfolio Advisors LLC. bought a new position in shares of iShares U.S. Healthcare ETF during the fourth quarter valued at approximately $728,000. Finally, Sunbelt Securities Inc. raised its holdings in shares of iShares U.S. Healthcare ETF by 39.5% in the fourth quarter. Sunbelt Securities Inc. now owns 11,916 shares of the company’s stock worth $776,000 after buying an additional 3,373 shares during the period.

iShares U.S. Healthcare ETF Stock Performance

Shares of IYH stock opened at $63.18 on Tuesday. iShares U.S. Healthcare ETF has a 52-week low of $53.94 and a 52-week high of $67.63. The firm has a market capitalization of $2.95 billion, a P/E ratio of 21.05 and a beta of 0.59. The stock has a 50 day moving average price of $62.27 and a 200 day moving average price of $63.73.

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.