PNC Financial Services Group Inc. Sells 3,403 Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH)

PNC Financial Services Group Inc. cut its stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 5.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 59,693 shares of the company’s stock after selling 3,403 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares U.S. Healthcare ETF were worth $3,880,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. LPL Financial LLC increased its position in shares of iShares U.S. Healthcare ETF by 0.8% during the second quarter. LPL Financial LLC now owns 1,543,365 shares of the company’s stock valued at $94,562,000 after buying an additional 12,901 shares during the period. Commonwealth Equity Services LLC grew its holdings in shares of iShares U.S. Healthcare ETF by 3.2% during the second quarter. Commonwealth Equity Services LLC now owns 407,087 shares of the company’s stock worth $24,942,000 after purchasing an additional 12,689 shares in the last quarter. Oakworth Capital Inc. grew its holdings in shares of iShares U.S. Healthcare ETF by 0.3% during the second quarter. Oakworth Capital Inc. now owns 393,851 shares of the company’s stock worth $24,131,000 after purchasing an additional 1,371 shares in the last quarter. Consolidated Capital Management LLC grew its holdings in shares of iShares U.S. Healthcare ETF by 9.5% during the third quarter. Consolidated Capital Management LLC now owns 302,281 shares of the company’s stock worth $19,648,000 after purchasing an additional 26,349 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of iShares U.S. Healthcare ETF by 6,271.7% during the third quarter. International Assets Investment Management LLC now owns 222,753 shares of the company’s stock worth $14,479,000 after purchasing an additional 219,257 shares in the last quarter.

iShares U.S. Healthcare ETF Price Performance

Shares of IYH opened at $60.74 on Monday. The firm has a market cap of $3.38 billion, a P/E ratio of 4.91 and a beta of 0.56. The stock has a 50 day simple moving average of $63.45 and a two-hundred day simple moving average of $62.84. iShares U.S. Healthcare ETF has a 1 year low of $54.09 and a 1 year high of $66.59.

iShares U.S. Healthcare ETF Company 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).