iShares U.S. Healthcare ETF (NYSEARCA:IYH – Get Free Report) shares saw unusually-high trading volume on Wednesday . 487,557 shares changed hands during mid-day trading, a decline of 38% from the previous session’s volume of 784,124 shares.The stock last traded at $70.8040 and had previously closed at $70.64.
iShares U.S. Healthcare ETF Stock Performance
The company has a market cap of $3.58 billion, a PE ratio of 21.05 and a beta of 0.58. The stock’s 50-day simple moving average is $70.28 and its 200 day simple moving average is $65.58.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Investment Counsel Co. of Nevada purchased a new stake in iShares U.S. Healthcare ETF in the 4th quarter valued at approximately $34,000. Continuum Advisory LLC acquired a new stake in shares of iShares U.S. Healthcare ETF in the 2nd quarter valued at approximately $36,000. Community Financial Services Group LLC acquired a new stake in shares of iShares U.S. Healthcare ETF in the 2nd quarter valued at approximately $40,000. Bayban acquired a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter valued at approximately $42,000. Finally, Entrust Financial LLC purchased a new stake in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at approximately $50,000.
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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