iShares U.S. Healthcare ETF $IYH Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. decreased its position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 63.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,460 shares of the company’s stock after selling 158,296 shares during the period. Principal Financial Group Inc.’s holdings in iShares U.S. Healthcare ETF were worth $5,699,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IYH. Simplex Trading LLC bought a new position in iShares U.S. Healthcare ETF during the 4th quarter valued at $28,000. Quadrant Capital Group LLC bought a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter worth $29,000. Investment Counsel Co. of Nevada bought a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter worth $34,000. Bayban acquired a new stake in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at $42,000. Finally, Entrust Financial LLC acquired a new stake in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at $50,000.

iShares U.S. Healthcare ETF Stock Up 2.3%

Shares of IYH stock opened at $70.29 on Wednesday. The stock has a 50-day simple moving average of $65.57 and a 200 day simple moving average of $64.19. The stock has a market capitalization of $3.46 billion, a P/E ratio of 21.05 and a beta of 0.58. iShares U.S. Healthcare ETF has a fifty-two week low of $53.94 and a fifty-two week high of $70.78.

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.