iShares U.S. Healthcare ETF (NYSEARCA:IYH) Sets New 52-Week High at $62.22

iShares U.S. Healthcare ETF (NYSEARCA:IYH) shares hit a new 52-week high on Thursday . The company traded as high as $62.22 and last traded at $62.04, with a volume of 41950 shares trading hands. The stock had previously closed at $61.59.

iShares U.S. Healthcare ETF Trading Up 0.7 %

The firm has a market capitalization of $3.45 billion, a PE ratio of 4.91 and a beta of 0.56. The company has a fifty day moving average price of $60.74 and a two-hundred day moving average price of $60.07.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in IYH. Raymond James Financial Services Advisors Inc. boosted its position in iShares U.S. Healthcare ETF by 587.7% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 472,310 shares of the company’s stock worth $29,236,000 after purchasing an additional 403,631 shares in the last quarter. Osaic Holdings Inc. raised its stake in shares of iShares U.S. Healthcare ETF by 393.0% during the 1st quarter. Osaic Holdings Inc. now owns 496,591 shares of the company’s stock worth $30,743,000 after buying an additional 395,856 shares during the last quarter. Raymond James & Associates boosted its position in shares of iShares U.S. Healthcare ETF by 421.3% in the 1st quarter. Raymond James & Associates now owns 467,475 shares of the company’s stock worth $28,937,000 after buying an additional 377,802 shares in the last quarter. Oakworth Capital Inc. grew its position in shares of iShares U.S. Healthcare ETF by 404.9% in the first quarter. Oakworth Capital Inc. now owns 392,480 shares of the company’s stock valued at $24,295,000 after purchasing an additional 314,745 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of iShares U.S. Healthcare ETF by 391.2% in the first quarter. Commonwealth Equity Services LLC now owns 394,398 shares of the company’s stock worth $24,413,000 after acquiring an additional 314,107 shares during the last quarter.

About iShares U.S. Healthcare ETF

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).