Hsbc Holdings PLC grew its stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report) by 1,008.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,237,489 shares of the company’s stock after purchasing an additional 1,125,886 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares U.S. Healthcare ETF were worth $80,561,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of IYH. Simplex Trading LLC purchased a new stake in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at approximately $28,000. Quadrant Capital Group LLC purchased a new position in iShares U.S. Healthcare ETF during the 4th quarter worth $29,000. Investment Counsel Co. of Nevada bought a new stake in iShares U.S. Healthcare ETF during the 4th quarter valued at $34,000. Bayban purchased a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter worth $42,000. Finally, Entrust Financial LLC purchased a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter worth $50,000.
iShares U.S. Healthcare ETF Trading Up 0.8%
IYH opened at $63.18 on Tuesday. The company has a market capitalization of $2.95 billion, a price-to-earnings ratio of 21.05 and a beta of 0.59. iShares U.S. Healthcare ETF has a 12-month low of $53.94 and a 12-month high of $67.63. The business’s fifty day simple moving average is $62.27 and its 200-day simple moving average is $63.73.
iShares U.S. Healthcare ETF Company 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). 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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Want to see what other hedge funds are holding IYH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report).
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