Arbor Investment Advisors LLC Boosts Stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Arbor Investment Advisors LLC grew its position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 4.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,264 shares of the company’s stock after acquiring an additional 185 shares during the period. Arbor Investment Advisors LLC’s holdings in iShares U.S. Healthcare ETF were worth $248,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IYH. Bank of Montreal Can grew its stake in shares of iShares U.S. Healthcare ETF by 331.9% in the 3rd quarter. Bank of Montreal Can now owns 424,528 shares of the company’s stock worth $27,429,000 after buying an additional 326,233 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of iShares U.S. Healthcare ETF by 6,271.7% in the 3rd quarter. International Assets Investment Management LLC now owns 222,753 shares of the company’s stock worth $14,479,000 after buying an additional 219,257 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares U.S. Healthcare ETF by 4.0% in the 3rd quarter. LPL Financial LLC now owns 1,604,427 shares of the company’s stock worth $104,288,000 after buying an additional 61,062 shares during the last quarter. Hardy Reed LLC purchased a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter worth approximately $2,156,000. Finally, Finley Financial LLC purchased a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter worth approximately $1,806,000.

iShares U.S. Healthcare ETF Stock Down 0.5 %

iShares U.S. Healthcare ETF stock opened at $61.56 on Friday. The company has a market capitalization of $3.17 billion, a P/E ratio of 30.56 and a beta of 0.70. The stock’s 50 day moving average is $60.19 and its 200 day moving average is $62.39. iShares U.S. Healthcare ETF has a twelve month low of $57.38 and a twelve month high of $66.59.

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).