Commonwealth Financial Services LLC Purchases New Holdings in iShares U.S. Healthcare ETF $IYH

Commonwealth Financial Services LLC purchased a new position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,485 shares of the company’s stock, valued at approximately $893,000.

A number of other large investors have also added to or reduced their stakes in IYH. Hsbc Holdings PLC lifted its position in shares of iShares U.S. Healthcare ETF by 1,008.8% during the 4th quarter. Hsbc Holdings PLC now owns 1,237,489 shares of the company’s stock valued at $80,561,000 after acquiring an additional 1,125,886 shares during the period. Royal Bank of Canada grew its holdings in shares of iShares U.S. Healthcare ETF by 7.8% during the 1st quarter. Royal Bank of Canada now owns 899,816 shares of the company’s stock worth $55,466,000 after purchasing an additional 64,913 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of iShares U.S. Healthcare ETF by 8.7% during the 1st quarter. Kestra Advisory Services LLC now owns 421,205 shares of the company’s stock worth $25,963,000 after purchasing an additional 33,731 shares in the last quarter. Cetera Investment Advisers increased its position in shares of iShares U.S. Healthcare ETF by 6.2% in the first quarter. Cetera Investment Advisers now owns 206,074 shares of the company’s stock worth $12,702,000 after purchasing an additional 12,038 shares during the period. Finally, Concurrent Investment Advisors LLC increased its position in shares of iShares U.S. Healthcare ETF by 10.3% in the second quarter. Concurrent Investment Advisors LLC now owns 163,818 shares of the company’s stock worth $10,977,000 after purchasing an additional 15,232 shares during the period.

iShares U.S. Healthcare ETF Stock Performance

Shares of NYSEARCA IYH traded up $1.67 during mid-day trading on Tuesday, reaching $75.46. The company had a trading volume of 314,019 shares, compared to its average volume of 792,146. The firm has a market cap of $4.40 billion, a price-to-earnings ratio of 21.05 and a beta of 0.56. The business’s 50-day simple moving average is $71.95 and its 200 day simple moving average is $67.10. iShares U.S. Healthcare ETF has a one year low of $59.63 and a one year high of $75.58.

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.