Gerald Baker Financial Group LLC bought a new stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 60,737 shares of the company’s stock, valued at approximately $3,539,000. iShares U.S. Healthcare ETF makes up about 1.2% of Gerald Baker Financial Group LLC’s holdings, making the stock its 25th largest position.
Other institutional investors have also recently added to or reduced their stakes in the company. Simplex Trading LLC purchased a new stake in iShares U.S. Healthcare ETF in the 4th quarter worth $28,000. Quadrant Capital Group LLC purchased a new position in iShares U.S. Healthcare ETF during the fourth quarter valued at $29,000. Investment Counsel Co. of Nevada purchased a new position in iShares U.S. Healthcare ETF during the fourth quarter valued at $34,000. Bayban acquired a new stake in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at about $42,000. Finally, Entrust Financial LLC acquired a new stake in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at about $50,000.
iShares U.S. Healthcare ETF Stock Up 2.0%
IYH stock opened at $68.12 on Friday. The stock has a market capitalization of $3.22 billion, a P/E ratio of 21.05 and a beta of 0.58. The firm has a 50-day simple moving average of $64.46 and a 200-day simple moving average of $64.06. iShares U.S. Healthcare ETF has a 52 week low of $53.94 and a 52 week high of $69.93.
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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