Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH – Get Free Report) saw unusually-strong trading volume on Monday . 1,343,546 shares were traded during mid-day trading, an increase of 67% from the previous session’s volume of 806,615 shares.The stock last traded at $68.28 and had previously closed at $68.34.
iShares U.S. Healthcare ETF Stock Performance
The business’s 50 day moving average is $65.96 and its two-hundred day moving average is $64.25. The firm has a market capitalization of $3.42 billion, a PE ratio of 21.05 and a beta of 0.58.
Hedge Funds Weigh In On iShares U.S. Healthcare ETF
Several hedge funds have recently made changes to their positions in IYH. Whitener Capital Management Inc. grew its position in shares of iShares U.S. Healthcare ETF by 10.4% in the second quarter. Whitener Capital Management Inc. now owns 4,566 shares of the company’s stock valued at $306,000 after purchasing an additional 432 shares in the last quarter. Community Financial Services Group LLC bought a new position in iShares U.S. Healthcare ETF in the 2nd quarter worth about $40,000. Valeo Financial Advisors LLC bought a new position in iShares U.S. Healthcare ETF in the 2nd quarter worth about $207,000. Western Wealth Management LLC purchased a new position in iShares U.S. Healthcare ETF during the 1st quarter valued at about $195,000. Finally, Parallel Advisors LLC grew its holdings in iShares U.S. Healthcare ETF by 15.2% during the 1st quarter. Parallel Advisors LLC now owns 4,013 shares of the company’s stock valued at $247,000 after buying an additional 528 shares in the last quarter.
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.
Featured Stories
- Five stocks we like better than iShares U.S. Healthcare ETF
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
- AST SpaceMobile Sets Launch Date Ahead of Key Q2 Earnings Test
- 5 Tech Stocks Holding Their Ground Through the AI Trade Pullback
Receive News & Ratings for iShares U.S. Healthcare ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Healthcare ETF and related companies with MarketBeat.com's FREE daily email newsletter.
