HighTower Advisors LLC Increases Stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

HighTower Advisors LLC increased its position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 3.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 307,193 shares of the company’s stock after acquiring an additional 11,365 shares during the quarter. HighTower Advisors LLC owned about 0.55% of iShares U.S. Healthcare ETF worth $17,900,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in IYH. Raymond James Financial Inc. purchased a new stake in iShares U.S. Healthcare ETF in the 4th quarter worth about $42,676,000. Bank of Montreal Can boosted its stake in iShares U.S. Healthcare ETF by 331.9% in the 3rd quarter. Bank of Montreal Can now owns 424,528 shares of the company’s stock worth $27,429,000 after purchasing an additional 326,233 shares during the period. B&D White Capital Company LLC bought a new position in iShares U.S. Healthcare ETF in the 4th quarter worth about $3,723,000. LPL Financial LLC boosted its stake in iShares U.S. Healthcare ETF by 4.0% in the 3rd quarter. LPL Financial LLC now owns 1,604,427 shares of the company’s stock worth $104,288,000 after purchasing an additional 61,062 shares during the period. Finally, Hardy Reed LLC bought a new position in iShares U.S. Healthcare ETF in the 4th quarter worth about $2,156,000.

iShares U.S. Healthcare ETF Stock Up 0.9 %

Shares of NYSEARCA IYH opened at $60.59 on Friday. iShares U.S. Healthcare ETF has a 52 week low of $57.38 and a 52 week high of $66.59. The business has a 50-day simple moving average of $61.16 and a two-hundred day simple moving average of $62.12. The company has a market cap of $3.18 billion, a P/E ratio of 29.74 and a beta of 0.69.

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).