Principal Financial Group Inc. Takes Position in iShares U.S. Healthcare ETF $IYH

Principal Financial Group Inc. bought 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 filing with the Securities & Exchange Commission. The firm bought 167,827 shares of the company’s stock, valued at approximately $9,855,000.

Several other institutional investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC grew its holdings in iShares U.S. Healthcare ETF by 6,342.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,947,096 shares of the company’s stock valued at $109,972,000 after buying an additional 1,916,872 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of iShares U.S. Healthcare ETF by 34.5% during the first quarter. Goldman Sachs Group Inc. now owns 630,685 shares of the company’s stock worth $38,402,000 after buying an additional 161,946 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its position in shares of iShares U.S. Healthcare ETF by 1,032.2% in the second quarter. Signature Estate & Investment Advisors LLC now owns 147,301 shares of the company’s stock valued at $8,320,000 after acquiring an additional 134,291 shares during the period. Hsbc Holdings PLC boosted its position in shares of iShares U.S. Healthcare ETF by 488.3% in the second quarter. Hsbc Holdings PLC now owns 124,250 shares of the company’s stock valued at $7,018,000 after acquiring an additional 103,129 shares during the period. Finally, Park Avenue Securities LLC grew its stake in shares of iShares U.S. Healthcare ETF by 157.3% in the third quarter. Park Avenue Securities LLC now owns 161,291 shares of the company’s stock valued at $9,471,000 after acquiring an additional 98,611 shares in the last quarter.

iShares U.S. Healthcare ETF Stock Down 0.2%

Shares of iShares U.S. Healthcare ETF stock opened at $65.09 on Friday. iShares U.S. Healthcare ETF has a twelve month low of $53.35 and a twelve month high of $67.63. The company has a 50-day simple moving average of $65.39 and a two-hundred day simple moving average of $61.75. The stock has a market capitalization of $3.49 billion, a price-to-earnings ratio of 21.05 and a beta of 0.65.

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.