Focus Financial Network Inc. Decreases Stock Position in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Focus Financial Network Inc. trimmed its position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 15.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,440 shares of the company’s stock after selling 1,163 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares U.S. Healthcare ETF were worth $407,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Raymond James Financial Services Advisors Inc. grew its holdings in iShares U.S. Healthcare ETF by 587.7% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 472,310 shares of the company’s stock valued at $29,236,000 after purchasing an additional 403,631 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of iShares U.S. Healthcare ETF by 393.0% during the 1st quarter. Osaic Holdings Inc. now owns 496,591 shares of the company’s stock worth $30,743,000 after acquiring an additional 395,856 shares during the last quarter. Raymond James & Associates boosted its holdings in iShares U.S. Healthcare ETF by 421.3% during the 1st quarter. Raymond James & Associates now owns 467,475 shares of the company’s stock valued at $28,937,000 after acquiring an additional 377,802 shares during the period. Oakworth Capital Inc. grew its position in iShares U.S. Healthcare ETF by 404.9% in the 1st quarter. Oakworth Capital Inc. now owns 392,480 shares of the company’s stock valued at $24,295,000 after acquiring an additional 314,745 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in iShares U.S. Healthcare ETF by 391.2% in the first quarter. Commonwealth Equity Services LLC now owns 394,398 shares of the company’s stock worth $24,413,000 after purchasing an additional 314,107 shares during the period.

iShares U.S. Healthcare ETF Stock Performance

Shares of IYH remained flat at $65.23 during trading hours on Wednesday. 44,338 shares of the stock were exchanged, compared to its average volume of 274,610. The stock has a 50-day moving average of $62.19 and a two-hundred day moving average of $61.04. The stock has a market capitalization of $3.63 billion, a price-to-earnings ratio of 4.91 and a beta of 0.56. iShares U.S. Healthcare ETF has a 1 year low of $51.27 and a 1 year high of $65.54.

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).