Sax Wealth Advisors LLC Raises Holdings in iShares U.S. Healthcare ETF $IYH

Sax Wealth Advisors LLC lifted its stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 24.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,700 shares of the company’s stock after buying an additional 1,330 shares during the quarter. Sax Wealth Advisors LLC’s holdings in iShares U.S. Healthcare ETF were worth $378,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Lazari Capital Management Inc. increased its holdings in shares of iShares U.S. Healthcare ETF by 4.1% in the first quarter. Lazari Capital Management Inc. now owns 5,028 shares of the company’s stock valued at $306,000 after purchasing an additional 196 shares during the last quarter. Moors & Cabot Inc. increased its holdings in shares of iShares U.S. Healthcare ETF by 2.0% in the first quarter. Moors & Cabot Inc. now owns 10,553 shares of the company’s stock valued at $643,000 after purchasing an additional 204 shares during the last quarter. PFG Advisors increased its holdings in shares of iShares U.S. Healthcare ETF by 4.2% in the first quarter. PFG Advisors now owns 5,506 shares of the company’s stock valued at $335,000 after purchasing an additional 220 shares during the last quarter. Worth Financial Advisory Group LLC increased its stake in iShares U.S. Healthcare ETF by 1.5% during the first quarter. Worth Financial Advisory Group LLC now owns 15,682 shares of the company’s stock worth $955,000 after acquiring an additional 235 shares during the last quarter. Finally, Principal Securities Inc. increased its stake in iShares U.S. Healthcare ETF by 2.7% during the first quarter. Principal Securities Inc. now owns 9,442 shares of the company’s stock worth $550,000 after acquiring an additional 250 shares during the last quarter.

iShares U.S. Healthcare ETF Stock Down 0.2%

IYH stock opened at $60.89 on Friday. The business has a fifty day moving average of $57.74 and a two-hundred day moving average of $57.00. The stock has a market cap of $2.92 billion, a price-to-earnings ratio of 21.05 and a beta of 0.71. iShares U.S. Healthcare ETF has a 52-week low of $53.35 and a 52-week high of $65.31.

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).