Fifth Third Securities Inc. Acquires New Shares in iShares U.S. Healthcare ETF $IYH

Fifth Third Securities Inc. acquired a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 28,916 shares of the company’s stock, valued at approximately $2,069,000.

Other hedge funds have also modified their holdings of the company. Sax Wealth Advisors LLC raised its holdings in shares of iShares U.S. Healthcare ETF by 4.7% in the 3rd quarter. Sax Wealth Advisors LLC now owns 6,804 shares of the company’s stock worth $487,000 after buying an additional 307 shares in the last quarter. HB Wealth Management LLC lifted its position in shares of iShares U.S. Healthcare ETF by 5.9% during the 2nd quarter. HB Wealth Management LLC now owns 5,634 shares of the company’s stock worth $378,000 after buying an additional 316 shares during the period. Laurel Oak Wealth Management LLC boosted its stake in iShares U.S. Healthcare ETF by 2.8% in the 1st quarter. Laurel Oak Wealth Management LLC now owns 12,641 shares of the company’s stock valued at $779,000 after buying an additional 340 shares in the last quarter. Merkkuri Wealth Advisors LLC boosted its stake in iShares U.S. Healthcare ETF by 1.9% in the 1st quarter. Merkkuri Wealth Advisors LLC now owns 18,310 shares of the company’s stock valued at $1,129,000 after buying an additional 347 shares in the last quarter. Finally, CENTRAL TRUST Co boosted its stake in iShares U.S. Healthcare ETF by 37.4% in the 1st quarter. CENTRAL TRUST Co now owns 1,285 shares of the company’s stock valued at $79,000 after buying an additional 350 shares in the last quarter.

iShares U.S. Healthcare ETF Price Performance

Shares of NYSEARCA:IYH opened at $75.22 on Thursday. The business’s fifty day moving average price is $72.13 and its two-hundred day moving average price is $67.29. iShares U.S. Healthcare ETF has a fifty-two week low of $59.63 and a fifty-two week high of $75.67. The stock has a market capitalization of $4.39 billion, a price-to-earnings ratio of 21.05 and a beta of 0.56.

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.