IFP Advisors Inc Purchases 15,716 Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH)

IFP Advisors Inc boosted its position in iShares U.S. Healthcare ETF (NYSEARCA:IYHFree Report) by 394.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,702 shares of the company’s stock after purchasing an additional 15,716 shares during the quarter. IFP Advisors Inc’s holdings in iShares U.S. Healthcare ETF were worth $1,148,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in iShares U.S. Healthcare ETF by 0.9% in the third quarter. JPMorgan Chase & Co. now owns 203,978 shares of the company’s stock worth $13,259,000 after purchasing an additional 1,854 shares in the last quarter. Brookstone Capital Management raised its holdings in iShares U.S. Healthcare ETF by 19.1% in the fourth quarter. Brookstone Capital Management now owns 5,439 shares of the company’s stock worth $317,000 after purchasing an additional 872 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in iShares U.S. Healthcare ETF by 11.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 34,466 shares of the company’s stock worth $2,008,000 after purchasing an additional 3,505 shares in the last quarter. Brown Brothers Harriman & Co. bought a new position in iShares U.S. Healthcare ETF in the third quarter worth $58,000. Finally, Rainey & Randall Wealth Advisors Inc. increased its holdings in shares of iShares U.S. Healthcare ETF by 6.4% during the fourth quarter. Rainey & Randall Wealth Advisors Inc. now owns 55,414 shares of the company’s stock valued at $3,229,000 after acquiring an additional 3,331 shares in the last quarter.

iShares U.S. Healthcare ETF Price Performance

Shares of NYSEARCA:IYH opened at $62.07 on Thursday. iShares U.S. Healthcare ETF has a 1-year low of $57.38 and a 1-year high of $66.59. The business has a fifty day moving average price of $60.41 and a 200-day moving average price of $62.38. The company has a market capitalization of $3.20 billion, a PE ratio of 30.56 and a beta of 0.70.

About iShares U.S. Healthcare ETF

(Free Report)

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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Institutional Ownership by Quarter for iShares U.S. Healthcare ETF (NYSEARCA:IYH)

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