Summit Financial Consulting LLC Acquires Shares of 109,847 iShares U.S. Healthcare ETF $IYH

Summit Financial Consulting LLC acquired a new stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 109,847 shares of the company’s stock, valued at approximately $7,151,000. iShares U.S. Healthcare ETF accounts for about 5.2% of Summit Financial Consulting LLC’s holdings, making the stock its 11th biggest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Whitener Capital Management Inc. lifted its position in iShares U.S. Healthcare ETF by 4.2% during the fourth quarter. Whitener Capital Management Inc. now owns 4,047 shares of the company’s stock valued at $263,000 after buying an additional 163 shares during the period. Smith Moore & CO. lifted its position in iShares U.S. Healthcare ETF by 7.3% during the fourth quarter. Smith Moore & CO. now owns 16,438 shares of the company’s stock valued at $1,070,000 after buying an additional 1,120 shares during the period. Kelsey Financial LLC purchased a new position in iShares U.S. Healthcare ETF during the fourth quarter valued at $423,000. Fifth Third Securities Inc. lifted its position in iShares U.S. Healthcare ETF by 15.8% during the fourth quarter. Fifth Third Securities Inc. now owns 26,699 shares of the company’s stock valued at $1,738,000 after buying an additional 3,649 shares during the period. Finally, Apollon Wealth Management LLC lifted its position in iShares U.S. Healthcare ETF by 152.1% during the fourth quarter. Apollon Wealth Management LLC now owns 13,578 shares of the company’s stock valued at $884,000 after buying an additional 8,192 shares during the period.

iShares U.S. Healthcare ETF Trading Up 0.7%

Shares of iShares U.S. Healthcare ETF stock opened at $62.22 on Tuesday. The firm has a market capitalization of $2.93 billion, a P/E ratio of 21.05 and a beta of 0.65. The business has a fifty day simple moving average of $63.62 and a two-hundred day simple moving average of $63.65. iShares U.S. Healthcare ETF has a 12 month low of $53.35 and a 12 month high of $67.63.

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.