Congress Wealth Management LLC DE Acquires 48,852 Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Congress Wealth Management LLC DE boosted its holdings in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 401.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,021 shares of the company’s stock after buying an additional 48,852 shares during the quarter. Congress Wealth Management LLC DE’s holdings in iShares U.S. Healthcare ETF were worth $3,777,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Rise Advisors LLC raised its holdings in iShares U.S. Healthcare ETF by 403.3% during the 1st quarter. Rise Advisors LLC now owns 463 shares of the company’s stock worth $29,000 after purchasing an additional 371 shares during the last quarter. Compass Wealth Management LLC raised its holdings in iShares U.S. Healthcare ETF by 400.0% during the 1st quarter. Compass Wealth Management LLC now owns 575 shares of the company’s stock worth $36,000 after purchasing an additional 460 shares during the last quarter. Pacifica Partners Inc. raised its holdings in iShares U.S. Healthcare ETF by 1,884.4% during the 1st quarter. Pacifica Partners Inc. now owns 635 shares of the company’s stock worth $39,000 after purchasing an additional 603 shares during the last quarter. Tidemark LLC bought a new position in iShares U.S. Healthcare ETF during the 4th quarter worth approximately $40,000. Finally, Frazier Financial Advisors LLC bought a new position in iShares U.S. Healthcare ETF during the 4th quarter worth approximately $45,000.

iShares U.S. Healthcare ETF Stock Down 0.5 %

iShares U.S. Healthcare ETF stock traded down $0.31 during mid-day trading on Monday, hitting $60.96. 164,047 shares of the stock were exchanged, compared to its average volume of 299,924. iShares U.S. Healthcare ETF has a 12 month low of $51.27 and a 12 month high of $62.18. The firm’s fifty day simple moving average is $60.44 and its two-hundred day simple moving average is $59.85. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 4.91 and a beta of 0.56.

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).