Ninety One SA Pty Ltd acquired a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 152,155 shares of the company’s stock, valued at approximately $11,002,000. iShares U.S. Healthcare ETF comprises about 0.6% of Ninety One SA Pty Ltd’s investment portfolio, making the stock its 29th largest holding.
Several other institutional investors and hedge funds have also added to or reduced their stakes in IYH. Hsbc Holdings PLC boosted its position in iShares U.S. Healthcare ETF by 1,008.8% in the fourth quarter. Hsbc Holdings PLC now owns 1,237,489 shares of the company’s stock valued at $80,561,000 after buying an additional 1,125,886 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of iShares U.S. Healthcare ETF by 7.8% in the 1st quarter. Royal Bank of Canada now owns 899,816 shares of the company’s stock valued at $55,466,000 after acquiring an additional 64,913 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in shares of iShares U.S. Healthcare ETF by 8.7% in the 1st quarter. Kestra Advisory Services LLC now owns 421,205 shares of the company’s stock valued at $25,963,000 after acquiring an additional 33,731 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of iShares U.S. Healthcare ETF by 6.2% in the 1st quarter. Cetera Investment Advisers now owns 206,074 shares of the company’s stock valued at $12,702,000 after acquiring an additional 12,038 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its holdings in shares of iShares U.S. Healthcare ETF by 10.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 163,818 shares of the company’s stock valued at $10,977,000 after acquiring an additional 15,232 shares in the last quarter.
iShares U.S. Healthcare ETF Price Performance
Shares of NYSEARCA IYH traded up $1.72 during mid-day trading on Thursday, hitting $74.88. 234,508 shares of the stock traded hands, compared to its average volume of 790,248. The company has a market cap of $4.34 billion, a PE ratio of 21.05 and a beta of 0.56. iShares U.S. Healthcare ETF has a twelve month low of $59.63 and a twelve month high of $75.22. The firm has a 50 day simple moving average of $71.71 and a two-hundred day simple moving average of $66.82.
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.
Further Reading
- Five stocks we like better than iShares U.S. Healthcare ETF
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
- Fastenal Flashes Bullish Signal as Uptrend Holds Despite Margin Pressure
- Synopsys Signals Confidence With $1B Accelerated Buyback, Analysts Raise Targets
Want to see what other hedge funds are holding IYH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report).
Receive News & Ratings for iShares U.S. Healthcare ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Healthcare ETF and related companies with MarketBeat.com's FREE daily email newsletter.
