Private Advisor Group LLC Has $7.47 Million Holdings in iShares U.S. Healthcare ETF $IYH

Private Advisor Group LLC cut its position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 7.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,187 shares of the company’s stock after selling 9,483 shares during the quarter. Private Advisor Group LLC owned about 0.26% of iShares U.S. Healthcare ETF worth $7,470,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Simplex Trading LLC bought a new stake in iShares U.S. Healthcare ETF during the fourth quarter worth $28,000. Quadrant Capital Group LLC acquired a new position in iShares U.S. Healthcare ETF during the fourth quarter worth approximately $29,000. Investment Counsel Co. of Nevada acquired a new position in iShares U.S. Healthcare ETF during the fourth quarter worth approximately $34,000. Bayban bought a new stake in iShares U.S. Healthcare ETF in the fourth quarter valued at approximately $42,000. Finally, Entrust Financial LLC acquired a new stake in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at approximately $50,000.

iShares U.S. Healthcare ETF Stock Up 1.4%

Shares of IYH traded up $0.94 during trading hours on Tuesday, hitting $69.51. The company had a trading volume of 61,074 shares, compared to its average volume of 815,834. The firm has a market cap of $3.28 billion, a price-to-earnings ratio of 21.05 and a beta of 0.58. The business has a fifty day moving average of $63.30 and a 200-day moving average of $63.90. iShares U.S. Healthcare ETF has a 12 month low of $53.94 and a 12 month high of $69.93.

iShares U.S. Healthcare ETF 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.