Northwestern Mutual Wealth Management Co. Sells 19,665 Shares of iShares U.S. Healthcare ETF $IYH

Northwestern Mutual Wealth Management Co. reduced its holdings in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 1.8% during the 4th quarter, Holdings Channel reports. The fund owned 1,047,106 shares of the company’s stock after selling 19,665 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares U.S. Healthcare ETF were worth $68,167,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Entrust Financial LLC acquired a new position in iShares U.S. Healthcare ETF during the 4th quarter worth about $50,000. Optima Capital LLC acquired a new stake in iShares U.S. Healthcare ETF in the 4th quarter valued at about $51,000. Triumph Capital Management bought a new position in shares of iShares U.S. Healthcare ETF in the third quarter worth about $59,000. Ransom Advisory Ltd acquired a new position in shares of iShares U.S. Healthcare ETF during the fourth quarter worth approximately $65,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in shares of iShares U.S. Healthcare ETF during the third quarter worth approximately $83,000.

iShares U.S. Healthcare ETF Stock Down 0.8%

Shares of IYH opened at $63.03 on Friday. The stock’s fifty day simple moving average is $61.58 and its 200-day simple moving average is $63.88. The firm has a market capitalization of $2.95 billion, a PE ratio of 21.05 and a beta of 0.59. iShares U.S. Healthcare ETF has a 12-month low of $53.94 and a 12-month high of $67.63.

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). 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.