iShares U.S. Healthcare ETF (NYSEARCA:IYH) Shares Bought by Kovack Advisors Inc.

Kovack Advisors Inc. lifted its stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 25.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,707 shares of the company’s stock after buying an additional 3,220 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares U.S. Healthcare ETF were worth $915,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Corrado Advisors LLC lifted its position in shares of iShares U.S. Healthcare ETF by 1.8% during the 4th quarter. Corrado Advisors LLC now owns 34,136 shares of the company’s stock worth $1,989,000 after purchasing an additional 615 shares during the last quarter. IFP Advisors Inc raised its stake in iShares U.S. Healthcare ETF by 394.3% in the fourth quarter. IFP Advisors Inc now owns 19,702 shares of the company’s stock valued at $1,148,000 after buying an additional 15,716 shares in the last quarter. B&D White Capital Company LLC purchased a new stake in iShares U.S. Healthcare ETF during the 4th quarter worth about $3,723,000. Rainey & Randall Wealth Advisors Inc. boosted its position in shares of iShares U.S. Healthcare ETF by 6.4% during the 4th quarter. Rainey & Randall Wealth Advisors Inc. now owns 55,414 shares of the company’s stock worth $3,229,000 after acquiring an additional 3,331 shares in the last quarter. Finally, Arbor Investment Advisors LLC increased its holdings in shares of iShares U.S. Healthcare ETF by 4.5% in the 4th quarter. Arbor Investment Advisors LLC now owns 4,264 shares of the company’s stock valued at $248,000 after acquiring an additional 185 shares during the last quarter.

iShares U.S. Healthcare ETF Stock Performance

Shares of NYSEARCA IYH opened at $61.74 on Friday. The stock’s 50-day simple moving average is $60.49 and its 200-day simple moving average is $62.38. The firm has a market capitalization of $3.18 billion, a PE ratio of 30.56 and a beta of 0.70. iShares U.S. Healthcare ETF has a fifty-two week low of $57.38 and a fifty-two week 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).