Arkansas Financial Group Inc. Acquires 4,455 Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Arkansas Financial Group Inc. boosted its holdings in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 4.5% in the 1st quarter, HoldingsChannel.com reports. The firm owned 102,628 shares of the company’s stock after purchasing an additional 4,455 shares during the period. iShares U.S. Healthcare ETF comprises approximately 1.0% of Arkansas Financial Group Inc.’s portfolio, making the stock its 26th largest holding. Arkansas Financial Group Inc.’s holdings in iShares U.S. Healthcare ETF were worth $5,756,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Allianz SE purchased a new stake in shares of iShares U.S. Healthcare ETF during the fourth quarter worth about $25,000. Bank of Jackson Hole Trust purchased a new stake in shares of iShares U.S. Healthcare ETF during the fourth quarter worth about $29,000. Park Square Financial Group LLC purchased a new stake in shares of iShares U.S. Healthcare ETF during the fourth quarter worth about $29,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of iShares U.S. Healthcare ETF during the fourth quarter worth about $30,000. Finally, Cape Investment Advisory Inc. purchased a new stake in shares of iShares U.S. Healthcare ETF during the fourth quarter worth about $30,000.

iShares U.S. Healthcare ETF Trading Down 0.6%

iShares U.S. Healthcare ETF stock opened at $56.90 on Friday. The firm has a 50-day moving average of $56.28 and a 200-day moving average of $59.04. The firm has a market cap of $2.83 billion, a P/E ratio of 23.92 and a beta of 0.69. iShares U.S. Healthcare ETF has a 1-year low of $53.35 and a 1-year high of $66.59.

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).