39,109 Shares in iShares U.S. Healthcare ETF $IYH Purchased by USA Financial Formulas

USA Financial Formulas acquired a new stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 39,109 shares of the company’s stock, valued at approximately $2,546,000. iShares U.S. Healthcare ETF comprises 0.5% of USA Financial Formulas’ portfolio, making the stock its 13th largest holding. USA Financial Formulas owned approximately 0.07% of iShares U.S. Healthcare ETF as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. CoreCap Advisors LLC increased its holdings in shares of iShares U.S. Healthcare ETF by 1,291.0% in the fourth quarter. CoreCap Advisors LLC now owns 57,812 shares of the company’s stock valued at $3,764,000 after purchasing an additional 53,656 shares during the period. Synergy Asset Management LLC acquired a new stake in shares of iShares U.S. Healthcare ETF during the fourth quarter worth $215,000. Central Valley Advisors LLC lifted its holdings in shares of iShares U.S. Healthcare ETF by 7.2% during the fourth quarter. Central Valley Advisors LLC now owns 10,874 shares of the company’s stock worth $708,000 after purchasing an additional 731 shares during the period. DAVENPORT & Co LLC grew its position in iShares U.S. Healthcare ETF by 4.7% in the 4th quarter. DAVENPORT & Co LLC now owns 26,686 shares of the company’s stock valued at $1,737,000 after buying an additional 1,204 shares during the last quarter. Finally, Asempa Wealth Advisors purchased a new position in iShares U.S. Healthcare ETF in the 4th quarter valued at $818,000.

iShares U.S. Healthcare ETF Stock Performance

Shares of IYH opened at $60.06 on Friday. The stock has a market capitalization of $3.22 billion, a P/E ratio of 21.05 and a beta of 0.65. iShares U.S. Healthcare ETF has a 1 year low of $53.35 and a 1 year high of $67.63. The company’s fifty day moving average is $64.46 and its two-hundred day moving average is $63.30.

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). The Index measures the performance of the healthcare sector of the United States equity market, and includes companies in the industry groups, such as healthcare equipment and services, pharmaceuticals and biotechnology.