iShares U.S. Healthcare ETF (NYSEARCA:IYH) Sees Large Volume Increase

iShares U.S. Healthcare ETF (NYSEARCA:IYH) saw unusually-strong trading volume on Monday . Approximately 276,394 shares were traded during mid-day trading, a decline of 2% from the previous session’s volume of 281,599 shares.The stock last traded at $65.17 and had previously closed at $64.94.

iShares U.S. Healthcare ETF Trading Up 0.4 %

The firm has a market cap of $3.65 billion, a PE ratio of 4.91 and a beta of 0.56. The company has a 50 day moving average price of $63.57 and a 200 day moving average price of $61.57.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of IYH. Butensky & Cohen Financial Security Inc. increased its position in iShares U.S. Healthcare ETF by 335.5% during the 1st quarter. Butensky & Cohen Financial Security Inc. now owns 4,085 shares of the company’s stock worth $253,000 after purchasing an additional 3,147 shares in the last quarter. KCM Investment Advisors LLC raised its position in shares of iShares U.S. Healthcare ETF by 400.0% in the first quarter. KCM Investment Advisors LLC now owns 3,835 shares of the company’s stock valued at $237,000 after buying an additional 3,068 shares during the last quarter. Objective Capital Management LLC purchased a new position in shares of iShares U.S. Healthcare ETF during the fourth quarter valued at approximately $222,000. Commonwealth Equity Services LLC boosted its position in iShares U.S. Healthcare ETF by 3.2% during the second quarter. Commonwealth Equity Services LLC now owns 407,087 shares of the company’s stock worth $24,942,000 after acquiring an additional 12,689 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in iShares U.S. Healthcare ETF by 3.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 185,810 shares of the company’s stock worth $53,186,000 after acquiring an additional 6,073 shares during the last quarter.

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).