Archer Investment Corp Has $502,000 Holdings in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Archer Investment Corp decreased its holdings in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 14.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,616 shares of the company’s stock after selling 1,421 shares during the quarter. Archer Investment Corp’s holdings in iShares U.S. Healthcare ETF were worth $502,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of IYH. LPL Financial LLC grew its holdings in iShares U.S. Healthcare ETF by 4.0% during the 3rd quarter. LPL Financial LLC now owns 1,604,427 shares of the company’s stock worth $104,288,000 after acquiring an additional 61,062 shares during the period. Bank of Montreal Can boosted its position in shares of iShares U.S. Healthcare ETF by 331.9% in the 3rd quarter. Bank of Montreal Can now owns 424,528 shares of the company’s stock worth $27,429,000 after purchasing an additional 326,233 shares during the last quarter. Oakworth Capital Inc. grew its stake in shares of iShares U.S. Healthcare ETF by 0.7% during the fourth quarter. Oakworth Capital Inc. now owns 379,835 shares of the company’s stock worth $22,133,000 after purchasing an additional 2,794 shares during the period. Consolidated Capital Management LLC increased its holdings in iShares U.S. Healthcare ETF by 9.5% in the third quarter. Consolidated Capital Management LLC now owns 302,281 shares of the company’s stock valued at $19,648,000 after purchasing an additional 26,349 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its stake in iShares U.S. Healthcare ETF by 6,271.7% in the third quarter. International Assets Investment Management LLC now owns 222,753 shares of the company’s stock valued at $14,479,000 after buying an additional 219,257 shares during the period.

iShares U.S. Healthcare ETF Trading Down 0.9 %

Shares of IYH opened at $62.20 on Friday. The stock has a market cap of $3.46 billion, a P/E ratio of 4.91 and a beta of 0.56. The stock’s 50-day moving average price is $60.11 and its two-hundred day moving average price is $62.50. iShares U.S. Healthcare ETF has a 1 year low of $57.38 and a 1 year high of $66.59.

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).