Concurrent Investment Advisors LLC raised its stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report) by 10.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 163,818 shares of the company’s stock after buying an additional 15,232 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares U.S. Healthcare ETF were worth $10,977,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the stock. Continuum Advisory LLC acquired a new position in shares of iShares U.S. Healthcare ETF during the 2nd quarter valued at about $36,000. Compass Financial Management LLC acquired a new stake in iShares U.S. Healthcare ETF in the 2nd quarter worth approximately $744,000. Whitener Capital Management Inc. boosted its position in iShares U.S. Healthcare ETF by 10.4% during the second quarter. Whitener Capital Management Inc. now owns 4,566 shares of the company’s stock worth $306,000 after purchasing an additional 432 shares during the period. Community Financial Services Group LLC acquired a new position in iShares U.S. Healthcare ETF during the second quarter valued at approximately $40,000. Finally, Valeo Financial Advisors LLC acquired a new position in iShares U.S. Healthcare ETF during the second quarter valued at approximately $207,000.
iShares U.S. Healthcare ETF Stock Down 1.0%
NYSEARCA:IYH opened at $72.40 on Friday. The company’s 50 day moving average is $69.96 and its 200-day moving average is $65.34. iShares U.S. Healthcare ETF has a 12 month low of $56.44 and a 12 month high of $74.59. The firm has a market cap of $3.66 billion, a price-to-earnings ratio of 21.05 and a beta of 0.58.
About iShares U.S. Healthcare ETF
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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