Oakworth Capital Inc. Buys 609,904 Shares of iShares U.S. Healthcare ETF $IYH

Oakworth Capital Inc. bought a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 609,904 shares of the company’s stock, valued at approximately $43,645,000. iShares U.S. Healthcare ETF makes up approximately 2.1% of Oakworth Capital Inc.’s investment portfolio, making the stock its 15th largest position. Oakworth Capital Inc. owned approximately 1.03% of iShares U.S. Healthcare ETF as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Mather Group LLC. acquired a new stake in shares of iShares U.S. Healthcare ETF in the third quarter worth $33,000. Continuum Advisory LLC acquired a new position in iShares U.S. Healthcare ETF during the second quarter valued at $36,000. Compass Wealth Management LLC acquired a new position in iShares U.S. Healthcare ETF during the third quarter valued at $41,000. Community Financial Services Group LLC acquired a new position in iShares U.S. Healthcare ETF during the second quarter valued at $40,000. Finally, NBH Bank purchased a new stake in iShares U.S. Healthcare ETF in the 2nd quarter worth about $74,000.

iShares U.S. Healthcare ETF Trading Up 0.1%

Shares of iShares U.S. Healthcare ETF stock opened at $75.48 on Wednesday. The stock has a 50-day moving average price of $72.48 and a 200 day moving average price of $66.65. The company has a market cap of $4.49 billion, a P/E ratio of 21.05 and a beta of 0.56. iShares U.S. Healthcare ETF has a 1 year low of $59.63 and a 1 year high of $76.55.

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.