Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH – Get Free Report) hit a new 52-week high on Thursday. The company traded as high as $77.86 and last traded at $77.4960, with a volume of 449,294 shares trading hands. The stock had previously closed at $75.84.
iShares U.S. Healthcare ETF Stock Performance
The firm’s 50 day moving average is $72.73 and its two-hundred day moving average is $66.81. The stock has a market capitalization of $4.65 billion, a PE ratio of 21.05 and a beta of 0.56.
Hedge Funds Weigh In On iShares U.S. Healthcare ETF
Several institutional investors have recently modified their holdings of IYH. AIA Group Ltd acquired a new stake in shares of iShares U.S. Healthcare ETF during the 3rd quarter worth about $261,449,000. Hsbc Holdings PLC lifted its stake in iShares U.S. Healthcare ETF by 1,008.8% during the fourth quarter. Hsbc Holdings PLC now owns 1,237,489 shares of the company’s stock worth $80,561,000 after purchasing an additional 1,125,886 shares during the last quarter. Oakworth Capital Inc. acquired a new position in iShares U.S. Healthcare ETF in the third quarter valued at approximately $43,645,000. Park Avenue Securities LLC acquired a new position in iShares U.S. Healthcare ETF in the third quarter valued at approximately $12,984,000. Finally, Ninety One SA Pty Ltd acquired a new position in iShares U.S. Healthcare ETF in the third quarter valued at approximately $11,002,000.
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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