iShares U.S. Healthcare ETF $IYH Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. cut its position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 63.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 92,460 shares of the company’s stock after selling 158,296 shares during the quarter. Principal Financial Group Inc. owned about 0.20% of iShares U.S. Healthcare ETF worth $5,699,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Simplex Trading LLC acquired a new stake in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at approximately $28,000. Quadrant Capital Group LLC acquired a new position in shares of iShares U.S. Healthcare ETF during the fourth quarter worth approximately $29,000. Investment Counsel Co. of Nevada bought a new position in iShares U.S. Healthcare ETF in the 4th quarter worth approximately $34,000. Bayban bought a new position in iShares U.S. Healthcare ETF in the 4th quarter worth approximately $42,000. Finally, Entrust Financial LLC acquired a new stake in iShares U.S. Healthcare ETF in the 4th quarter valued at approximately $50,000.

iShares U.S. Healthcare ETF Price Performance

Shares of iShares U.S. Healthcare ETF stock opened at $70.29 on Wednesday. The business’s fifty day moving average price is $65.57 and its two-hundred day moving average price is $64.19. The company has a market capitalization of $3.46 billion, a P/E ratio of 21.05 and a beta of 0.58. iShares U.S. Healthcare ETF has a 1-year low of $53.94 and a 1-year high of $70.78.

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.