iShares U.S. Healthcare ETF (NYSEARCA:IYH) Sets New 12-Month High – What’s Next?

iShares U.S. Healthcare ETF (NYSEARCA:IYHGet Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as $69.93 and last traded at $69.57, with a volume of 582321 shares. The stock had previously closed at $68.57.

iShares U.S. Healthcare ETF Trading Up 1.5%

The firm has a 50 day moving average price of $63.47 and a 200-day moving average price of $63.94. The firm has a market cap of $3.28 billion, a PE ratio of 21.05 and a beta of 0.58.

Institutional Trading of iShares U.S. Healthcare ETF

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

About iShares U.S. Healthcare ETF

(Get 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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