Koshinski Asset Management Inc. cut its holdings in iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report) by 24.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 4,016 shares of the company’s stock after selling 1,333 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares U.S. Healthcare ETF were worth $234,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Capital Performance Advisors LLP bought a new position in iShares U.S. Healthcare ETF in the 3rd quarter valued at approximately $32,000. Truvestments Capital LLC bought a new position in iShares U.S. Healthcare ETF in the 3rd quarter valued at approximately $32,000. ZRC Wealth Management LLC bought a new position in iShares U.S. Healthcare ETF in the 3rd quarter valued at approximately $51,000. Strategic Investment Solutions Inc. IL bought a new position in iShares U.S. Healthcare ETF in the 2nd quarter valued at approximately $50,000. Finally, Brown Brothers Harriman & Co. bought a new position in iShares U.S. Healthcare ETF in the 3rd quarter valued at approximately $58,000.
iShares U.S. Healthcare ETF Trading Up 1.2 %
IYH stock opened at $60.95 on Friday. The stock’s 50 day simple moving average is $59.86 and its 200 day simple moving average is $62.50. The stock has a market capitalization of $3.39 billion, a PE ratio of 4.91 and a beta of 0.56. iShares U.S. Healthcare ETF has a 12-month low of $57.38 and a 12-month high of $66.59.
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).
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