Oakworth Capital Inc. acquired a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 609,904 shares of the company’s stock, valued at approximately $43,645,000. iShares U.S. Healthcare ETF accounts for 2.1% of Oakworth Capital Inc.’s holdings, making the stock its 15th biggest holding.
Several other large investors have also recently added to or reduced their stakes in the stock. Compass Financial Management LLC acquired a new stake in shares of iShares U.S. Healthcare ETF during the 2nd quarter valued at $744,000. Gerald Baker Financial Group LLC purchased a new position in shares of iShares U.S. Healthcare ETF during the 1st quarter valued at $3,539,000. The Manufacturers Life Insurance Company acquired a new position in shares of iShares U.S. Healthcare ETF in the second quarter worth $3,297,000. McIlrath & Eck LLC acquired a new position in shares of iShares U.S. Healthcare ETF in the first quarter worth $490,000. Finally, Readystate Asset Management LP acquired a new position in shares of iShares U.S. Healthcare ETF in the second quarter worth $543,000.
iShares U.S. Healthcare ETF Trading Up 0.1%
Shares of NYSEARCA:IYH opened at $75.48 on Wednesday. iShares U.S. Healthcare ETF has a 1 year low of $59.63 and a 1 year high of $76.55. The business has a fifty day simple moving average of $72.48 and a 200 day simple moving average of $66.65. The firm has a market cap of $4.49 billion, a price-to-earnings ratio of 21.05 and a beta of 0.56.
iShares U.S. Healthcare ETF 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.
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