Apexium Financial LP Grows Stock Position in iShares U.S. Healthcare ETF $IYH

Apexium Financial LP raised its position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 30.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,911 shares of the company’s stock after purchasing an additional 3,521 shares during the quarter. Apexium Financial LP’s holdings in iShares U.S. Healthcare ETF were worth $842,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Brown Advisory Inc. purchased a new position in shares of iShares U.S. Healthcare ETF in the 1st quarter worth about $848,000. Sequoia Financial Advisors LLC purchased a new position in shares of iShares U.S. Healthcare ETF in the 1st quarter worth about $280,000. Cerity Partners LLC raised its holdings in shares of iShares U.S. Healthcare ETF by 44.7% in the 1st quarter. Cerity Partners LLC now owns 16,590 shares of the company’s stock worth $1,010,000 after purchasing an additional 5,128 shares during the period. Worth Financial Advisory Group LLC raised its holdings in shares of iShares U.S. Healthcare ETF by 2.5% in the 2nd quarter. Worth Financial Advisory Group LLC now owns 16,077 shares of the company’s stock worth $908,000 after purchasing an additional 395 shares during the period. Finally, M&T Bank Corp raised its holdings in shares of iShares U.S. Healthcare ETF by 17.6% in the 1st quarter. M&T Bank Corp now owns 5,047 shares of the company’s stock worth $307,000 after purchasing an additional 757 shares during the period.

iShares U.S. Healthcare ETF Price Performance

iShares U.S. Healthcare ETF stock opened at $61.16 on Friday. The stock’s 50-day moving average is $57.36 and its 200-day moving average is $57.01. The company has a market cap of $2.93 billion, a price-to-earnings ratio of 21.05 and a beta of 0.71. iShares U.S. Healthcare ETF has a 12 month low of $53.35 and a 12 month high of $65.31.

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).