iShares U.S. Healthcare ETF $IYH Shares Bought by Royal Fund Management LLC

Royal Fund Management LLC lifted its holdings in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 268.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,698 shares of the company’s stock after buying an additional 13,628 shares during the period. Royal Fund Management LLC’s holdings in iShares U.S. Healthcare ETF were worth $1,217,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Principal Financial Group Inc. acquired a new position in iShares U.S. Healthcare ETF during the third quarter worth $9,855,000. Goldman Sachs Group Inc. raised its position in iShares U.S. Healthcare ETF by 34.5% in the first quarter. Goldman Sachs Group Inc. now owns 630,685 shares of the company’s stock worth $38,402,000 after acquiring an additional 161,946 shares in the last quarter. UBS Group AG lifted its holdings in iShares U.S. Healthcare ETF by 11.0% in the third quarter. UBS Group AG now owns 1,243,371 shares of the company’s stock valued at $73,011,000 after acquiring an additional 122,982 shares during the period. Hsbc Holdings PLC lifted its holdings in iShares U.S. Healthcare ETF by 488.3% in the second quarter. Hsbc Holdings PLC now owns 124,250 shares of the company’s stock valued at $7,018,000 after acquiring an additional 103,129 shares during the period. Finally, BNP Paribas Financial Markets boosted its position in shares of iShares U.S. Healthcare ETF by 8,449.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 101,827 shares of the company’s stock worth $5,979,000 after purchasing an additional 100,636 shares in the last quarter.

iShares U.S. Healthcare ETF Stock Up 2.1%

NYSEARCA:IYH opened at $61.64 on Wednesday. iShares U.S. Healthcare ETF has a fifty-two week low of $53.35 and a fifty-two week high of $67.63. The stock has a market cap of $3.31 billion, a PE ratio of 21.05 and a beta of 0.65. The firm’s fifty day simple moving average is $64.28 and its 200-day simple moving average is $63.38.

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.