MAI Capital Management Has $1.09 Million Position in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

MAI Capital Management lessened its position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 1.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,828 shares of the company’s stock after selling 280 shares during the period. MAI Capital Management’s holdings in iShares U.S. Healthcare ETF were worth $1,094,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IYH. BNP Paribas Financial Markets raised its stake in iShares U.S. Healthcare ETF by 463.8% in the 1st quarter. BNP Paribas Financial Markets now owns 1,804 shares of the company’s stock valued at $112,000 after acquiring an additional 1,484 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of iShares U.S. Healthcare ETF by 372.4% in the first quarter. Russell Investments Group Ltd. now owns 1,129 shares of the company’s stock valued at $70,000 after buying an additional 890 shares during the period. O Shaughnessy Asset Management LLC increased its stake in iShares U.S. Healthcare ETF by 400.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 3,375 shares of the company’s stock worth $209,000 after acquiring an additional 2,700 shares during the period. CreativeOne Wealth LLC raised its stake in iShares U.S. Healthcare ETF by 1,088.9% in the first quarter. CreativeOne Wealth LLC now owns 9,927 shares of the company’s stock valued at $614,000 after purchasing an additional 9,092 shares in the last quarter. Finally, Axxcess Wealth Management LLC bought a new stake in iShares U.S. Healthcare ETF during the first quarter worth about $662,000.

iShares U.S. Healthcare ETF Stock Up 0.8 %

IYH stock opened at $60.65 on Friday. iShares U.S. Healthcare ETF has a 12 month low of $54.09 and a 12 month high of $66.59. The firm has a market cap of $3.37 billion, a P/E ratio of 4.91 and a beta of 0.56. The company’s 50-day moving average price is $63.55 and its two-hundred day moving average price is $62.79.

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).