iShares U.S. Healthcare ETF (NYSEARCA:IYH) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) saw unusually-high trading volume on Tuesday . 389,127 shares traded hands during trading, a decline of 50% from the previous session’s volume of 782,599 shares.The stock last traded at $72.28 and had previously closed at $72.02.

iShares U.S. Healthcare ETF Trading Up 0.4%

The firm has a 50 day moving average of $69.38 and a two-hundred day moving average of $65.13. The company has a market cap of $3.65 billion, a PE ratio of 21.05 and a beta of 0.57.

Institutional Trading of iShares U.S. Healthcare ETF

Several large investors have recently modified their holdings of IYH. AQR Capital Management LLC lifted its holdings in iShares U.S. Healthcare ETF by 17.7% in the first quarter. AQR Capital Management LLC now owns 10,841 shares of the company’s stock valued at $660,000 after acquiring an additional 1,627 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of iShares U.S. Healthcare ETF by 34.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 630,685 shares of the company’s stock worth $38,402,000 after purchasing an additional 161,946 shares during the period. Jane Street Group LLC bought a new position in shares of iShares U.S. Healthcare ETF in the 1st quarter worth approximately $520,000. Focus Partners Wealth boosted its holdings in shares of iShares U.S. Healthcare ETF by 20.1% in the first quarter. Focus Partners Wealth now owns 8,810 shares of the company’s stock worth $536,000 after buying an additional 1,477 shares during the last quarter. Finally, Cerity Partners LLC grew its position in iShares U.S. Healthcare ETF by 5.5% during the second quarter. Cerity Partners LLC now owns 17,500 shares of the company’s stock valued at $988,000 after buying an additional 910 shares during the period.

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). 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.