iShares U.S. Healthcare ETF $IYH Stake Lifted by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lifted its stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 10.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 163,818 shares of the company’s stock after acquiring an additional 15,232 shares during the quarter. Concurrent Investment Advisors LLC owned about 0.32% of iShares U.S. Healthcare ETF worth $10,977,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Simplex Trading LLC acquired a new stake in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at $28,000. Quadrant Capital Group LLC acquired a new stake in iShares U.S. Healthcare ETF in the 4th quarter valued at about $29,000. Investment Counsel Co. of Nevada acquired a new stake in iShares U.S. Healthcare ETF in the 4th quarter valued at about $34,000. Continuum Advisory LLC bought a new position in shares of iShares U.S. Healthcare ETF during the 2nd quarter valued at about $36,000. Finally, Community Financial Services Group LLC bought a new position in shares of iShares U.S. Healthcare ETF during the 2nd quarter valued at about $40,000.

iShares U.S. Healthcare ETF Price Performance

Shares of IYH opened at $72.40 on Friday. The firm’s 50 day moving average is $69.96 and its 200-day moving average is $65.34. iShares U.S. Healthcare ETF has a 12-month low of $56.44 and a 12-month high of $74.59. The stock has a market capitalization of $3.66 billion, a P/E ratio of 21.05 and a beta of 0.58.

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). 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.