iShares U.S. Healthcare ETF (NYSEARCA:IYH) Position Trimmed by Sowa Financial Group Inc.

Sowa Financial Group Inc. lessened its holdings in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 5.3% during the 1st quarter, HoldingsChannel reports. The fund owned 75,495 shares of the company’s stock after selling 4,247 shares during the period. iShares U.S. Healthcare ETF accounts for approximately 3.0% of Sowa Financial Group Inc.’s portfolio, making the stock its 8th biggest holding. Sowa Financial Group Inc.’s holdings in iShares U.S. Healthcare ETF were worth $4,597,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Arbor Investment Advisors LLC grew its stake in iShares U.S. Healthcare ETF by 4.5% in the fourth quarter. Arbor Investment Advisors LLC now owns 4,264 shares of the company’s stock valued at $248,000 after purchasing an additional 185 shares in the last quarter. Laidlaw Wealth Management LLC lifted its position in shares of iShares U.S. Healthcare ETF by 2.7% in the fourth quarter. Laidlaw Wealth Management LLC now owns 8,148 shares of the company’s stock worth $475,000 after buying an additional 215 shares during the last quarter. Scotia Capital Inc. lifted its position in shares of iShares U.S. Healthcare ETF by 1.1% in the fourth quarter. Scotia Capital Inc. now owns 19,647 shares of the company’s stock worth $1,145,000 after buying an additional 222 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich lifted its position in shares of iShares U.S. Healthcare ETF by 7.4% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,579 shares of the company’s stock worth $230,000 after buying an additional 247 shares during the last quarter. Finally, Johnson Investment Counsel Inc. lifted its position in shares of iShares U.S. Healthcare ETF by 0.9% in the fourth quarter. Johnson Investment Counsel Inc. now owns 35,485 shares of the company’s stock worth $2,068,000 after buying an additional 315 shares during the last quarter.

iShares U.S. Healthcare ETF Price Performance

Shares of NYSEARCA:IYH opened at $57.25 on Friday. iShares U.S. Healthcare ETF has a fifty-two week low of $53.35 and a fifty-two week high of $66.59. The business has a 50-day moving average of $56.24 and a two-hundred day moving average of $59.10. The stock has a market capitalization of $2.85 billion, a P/E ratio of 23.92 and a beta of 0.69.

iShares U.S. Healthcare ETF Company 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).