American Financial Advisors LLC Reduces Stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

American Financial Advisors LLC trimmed its stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 25.7% during the second quarter, Holdings Channel reports. The fund owned 13,521 shares of the company’s stock after selling 4,682 shares during the period. American Financial Advisors LLC’s holdings in iShares U.S. Healthcare ETF were worth $828,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Haverford Trust Co increased its holdings in iShares U.S. Healthcare ETF by 1.3% during the 4th quarter. Haverford Trust Co now owns 2,854 shares of the company’s stock worth $817,000 after acquiring an additional 38 shares during the period. SageView Advisory Group LLC increased its holdings in iShares U.S. Healthcare ETF by 4.3% during the 4th quarter. SageView Advisory Group LLC now owns 1,081 shares of the company’s stock worth $318,000 after acquiring an additional 45 shares during the period. Mine & Arao Wealth Creation & Management LLC. increased its holdings in iShares U.S. Healthcare ETF by 0.5% during the 4th quarter. Mine & Arao Wealth Creation & Management LLC. now owns 9,654 shares of the company’s stock worth $2,763,000 after acquiring an additional 51 shares during the period. Spire Wealth Management increased its holdings in iShares U.S. Healthcare ETF by 5.8% during the 4th quarter. Spire Wealth Management now owns 1,514 shares of the company’s stock worth $443,000 after acquiring an additional 83 shares during the period. Finally, Tidemark LLC bought a new stake in iShares U.S. Healthcare ETF during the 4th quarter worth approximately $40,000.

iShares U.S. Healthcare ETF Trading Up 0.5 %

Shares of NYSEARCA:IYH traded up $0.33 during trading on Friday, reaching $65.70. The company had a trading volume of 319,389 shares, compared to its average volume of 274,106. The company has a fifty day moving average of $62.46 and a two-hundred day moving average of $61.15. The stock has a market capitalization of $3.65 billion, a P/E 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 $65.71.

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).