iShares U.S. Healthcare ETF (NYSEARCA:IYH) Shares Sold by Carnegie Investment Counsel

Carnegie Investment Counsel lessened its position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 8.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,586 shares of the company’s stock after selling 999 shares during the quarter. Carnegie Investment Counsel’s holdings in iShares U.S. Healthcare ETF were worth $649,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IYH. International Assets Investment Management LLC acquired a new stake in iShares U.S. Healthcare ETF during the fourth quarter valued at $42,866,000. Cerity Partners LLC acquired a new stake in iShares U.S. Healthcare ETF during the fourth quarter valued at $237,000. J.W. Cole Advisors Inc. grew its position in shares of iShares U.S. Healthcare ETF by 436.3% in the fourth quarter. J.W. Cole Advisors Inc. now owns 4,837 shares of the company’s stock valued at $1,385,000 after purchasing an additional 3,935 shares during the period. CWM LLC grew its position in shares of iShares U.S. Healthcare ETF by 22.1% in the fourth quarter. CWM LLC now owns 4,305 shares of the company’s stock valued at $1,232,000 after purchasing an additional 778 shares during the period. Finally, Rainey & Randall Investment Management Inc. grew its position in shares of iShares U.S. Healthcare ETF by 17.7% in the fourth quarter. Rainey & Randall Investment Management Inc. now owns 9,186 shares of the company’s stock valued at $2,629,000 after purchasing an additional 1,381 shares during the period.

iShares U.S. Healthcare ETF Stock Down 0.1 %

Shares of NYSEARCA IYH traded down $0.08 during trading on Wednesday, hitting $65.15. The company had a trading volume of 31,673 shares, compared to its average volume of 274,531. The stock has a fifty day simple moving average of $62.19 and a two-hundred day simple moving average of $61.04. iShares U.S. Healthcare ETF has a fifty-two week low of $51.27 and a fifty-two week high of $65.54. The firm has a market capitalization of $3.62 billion, a price-to-earnings ratio of 4.91 and a beta of 0.56.

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).