Independent Financial Group LLC Buys New Position in iShares U.S. Healthcare ETF $IYH

Independent Financial Group LLC bought a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 26,045 shares of the company’s stock, valued at approximately $1,605,000. Independent Financial Group LLC owned approximately 0.06% of iShares U.S. Healthcare ETF at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. FIL Ltd raised its position in shares of iShares U.S. Healthcare ETF by 514.1% in the fourth quarter. FIL Ltd now owns 3,894,874 shares of the company’s stock valued at $254,634,000 after buying an additional 3,260,654 shares during the last quarter. Morgan Stanley boosted its position in iShares U.S. Healthcare ETF by 3.1% during the fourth quarter. Morgan Stanley now owns 2,269,524 shares of the company’s stock worth $147,746,000 after acquiring an additional 68,418 shares during the last quarter. LPL Financial LLC grew its stake in iShares U.S. Healthcare ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 1,506,483 shares of the company’s stock worth $98,072,000 after acquiring an additional 111,239 shares during the period. UBS Group AG grew its stake in iShares U.S. Healthcare ETF by 11.0% in the 3rd quarter. UBS Group AG now owns 1,243,371 shares of the company’s stock worth $73,011,000 after acquiring an additional 122,982 shares during the period. Finally, Hsbc Holdings PLC grew its stake in iShares U.S. Healthcare ETF by 1,008.8% in the 4th quarter. Hsbc Holdings PLC now owns 1,237,489 shares of the company’s stock worth $80,561,000 after acquiring an additional 1,125,886 shares during the period.

iShares U.S. Healthcare ETF Stock Performance

Shares of IYH opened at $67.80 on Monday. iShares U.S. Healthcare ETF has a fifty-two week low of $53.94 and a fifty-two week high of $69.93. The company has a market capitalization of $3.20 billion, a PE ratio of 21.05 and a beta of 0.58. The stock has a fifty day moving average of $64.61 and a two-hundred day moving average of $64.08.

About iShares U.S. Healthcare ETF

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.