Ferguson Wellman Capital Management Inc. Sells 597 Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Ferguson Wellman Capital Management Inc. trimmed its holdings in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 6.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,043 shares of the company’s stock after selling 597 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in iShares U.S. Healthcare ETF were worth $493,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Osaic Holdings Inc. grew its position in iShares U.S. Healthcare ETF by 393.0% during the first quarter. Osaic Holdings Inc. now owns 496,591 shares of the company’s stock valued at $30,743,000 after buying an additional 395,856 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in shares of iShares U.S. Healthcare ETF by 587.7% in 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 during the period. Raymond James & Associates boosted its position in shares of iShares U.S. Healthcare ETF by 421.3% in the first quarter. Raymond James & Associates now owns 467,475 shares of the company’s stock worth $28,937,000 after purchasing an additional 377,802 shares during the period. Commonwealth Equity Services LLC boosted its position 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 purchasing an additional 314,107 shares during the period. Finally, Oakworth Capital Inc. boosted 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 worth $24,295,000 after purchasing an additional 314,745 shares during the period.

iShares U.S. Healthcare ETF Stock Performance

Shares of IYH traded up $0.24 during mid-day trading on Wednesday, reaching $64.02. The stock had a trading volume of 113,028 shares, compared to its average volume of 277,653. The firm has a market cap of $3.56 billion, a price-to-earnings ratio of 4.91 and a beta of 0.56. iShares U.S. Healthcare ETF has a 12 month low of $51.27 and a 12 month high of $64.08. The business has a fifty day moving average of $61.85 and a 200 day moving average of $60.85.

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).