Sowell Financial Services LLC Purchases 12,568 Shares of iShares U.S. Healthcare ETF $IYH

by · The Markets Daily

Sowell Financial Services LLC acquired a new position in iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 12,568 shares of the company’s stock, valued at approximately $899,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC increased its position in shares of iShares U.S. Healthcare ETF by 1,008.8% during the fourth quarter. Hsbc Holdings PLC now owns 1,237,489 shares of the company’s stock worth $80,561,000 after acquiring an additional 1,125,886 shares during the last quarter. Royal Bank of Canada boosted its holdings in iShares U.S. Healthcare ETF by 7.8% in the first quarter. Royal Bank of Canada now owns 899,816 shares of the company’s stock valued at $55,466,000 after purchasing an additional 64,913 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in iShares U.S. Healthcare ETF by 8.7% in the first quarter. Kestra Advisory Services LLC now owns 421,205 shares of the company’s stock valued at $25,963,000 after purchasing an additional 33,731 shares during the last quarter. Cetera Investment Advisers boosted its holdings in iShares U.S. Healthcare ETF by 6.2% in the first quarter. Cetera Investment Advisers now owns 206,074 shares of the company’s stock valued at $12,702,000 after purchasing an additional 12,038 shares during the last quarter. Finally, Concurrent Investment Advisors LLC grew its stake in iShares U.S. Healthcare ETF by 10.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 163,818 shares of the company’s stock valued at $10,977,000 after purchasing an additional 15,232 shares in the last quarter.

iShares U.S. Healthcare ETF Price Performance

IYH stock opened at $77.81 on Monday. iShares U.S. Healthcare ETF has a 52-week low of $59.63 and a 52-week high of $79.06. The stock’s 50 day moving average is $72.73 and its two-hundred day moving average is $66.81. The company has a market capitalization of $4.65 billion, a PE ratio of 21.05 and a beta of 0.56.

About iShares U.S. Healthcare ETF

(Free Report)

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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