Compass Financial Management LLC Takes $744,000 Position in iShares U.S. Healthcare ETF $IYH

Compass Financial Management LLC purchased a new position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,924 shares of the company’s stock, valued at approximately $744,000.

A number of other large investors also recently modified their holdings of the company. Whitener Capital Management Inc. boosted its position in shares of iShares U.S. Healthcare ETF by 10.4% in the second quarter. Whitener Capital Management Inc. now owns 4,566 shares of the company’s stock valued at $306,000 after acquiring an additional 432 shares during the period. Community Financial Services Group LLC bought a new stake in iShares U.S. Healthcare ETF during the 2nd quarter worth approximately $40,000. Valeo Financial Advisors LLC purchased a new stake in iShares U.S. Healthcare ETF in the 2nd quarter worth approximately $207,000. Western Wealth Management LLC purchased a new stake in iShares U.S. Healthcare ETF in the 1st quarter worth approximately $195,000. Finally, Parallel Advisors LLC lifted its stake in iShares U.S. Healthcare ETF by 15.2% in the 1st quarter. Parallel Advisors LLC now owns 4,013 shares of the company’s stock worth $247,000 after purchasing an additional 528 shares in the last quarter.

iShares U.S. Healthcare ETF Price Performance

Shares of NYSEARCA:IYH opened at $73.89 on Monday. The firm has a fifty day moving average price of $68.21 and a two-hundred day moving average price of $64.80. The company has a market cap of $3.73 billion, a price-to-earnings ratio of 21.05 and a beta of 0.57. iShares U.S. Healthcare ETF has a one year low of $56.44 and a one year high of $74.59.

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). 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.