Retirement Planning Group LLC Buys New Holdings in iShares U.S. Healthcare ETF $IYH

Retirement Planning Group LLC acquired a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the third quarter, Holdings Channel reports. The institutional investor acquired 8,432 shares of the company’s stock, valued at approximately $603,000.

Other institutional investors have also added to or reduced their stakes in the company. Hsbc Holdings PLC boosted its holdings in 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. Ninety One SA Pty Ltd bought a new stake in iShares U.S. Healthcare ETF in the third quarter valued at $11,002,000. Royal Bank of Canada boosted its stake 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 valued at $55,466,000 after purchasing an additional 64,913 shares in the last quarter. Gerald Baker Financial Group LLC bought a new stake in iShares U.S. Healthcare ETF during the 1st quarter valued at approximately $3,539,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of iShares U.S. Healthcare ETF during the second quarter valued at approximately $3,297,000.

iShares U.S. Healthcare ETF Price Performance

NYSEARCA:IYH opened at $75.22 on Thursday. The company has a market capitalization of $4.39 billion, a PE ratio of 21.05 and a beta of 0.56. iShares U.S. Healthcare ETF has a 1-year low of $59.63 and a 1-year high of $75.67. The firm’s 50-day moving average price is $72.13 and its 200-day moving average price is $67.29.

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.