Sowell Financial Services LLC Has $739,000 Stock Holdings in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Sowell Financial Services LLC trimmed its holdings in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 24.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,690 shares of the company’s stock after selling 4,042 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares U.S. Healthcare ETF were worth $739,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in IYH. Raymond James Financial Inc. bought a new stake in iShares U.S. Healthcare ETF in the 4th quarter valued at about $42,676,000. Bank of Montreal Can increased its position in 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 valued at $27,429,000 after buying an additional 326,233 shares in the last quarter. B&D White Capital Company LLC bought a new stake in iShares U.S. Healthcare ETF in the 4th quarter valued at about $3,723,000. LPL Financial LLC increased its position in 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 valued at $104,288,000 after buying an additional 61,062 shares in the last quarter. Finally, Hardy Reed LLC bought a new stake in iShares U.S. Healthcare ETF in the 4th quarter valued at about $2,156,000.

iShares U.S. Healthcare ETF Price Performance

Shares of iShares U.S. Healthcare ETF stock opened at $61.02 on Wednesday. iShares U.S. Healthcare ETF has a one year low of $57.38 and a one year high of $66.59. The firm has a market capitalization of $3.21 billion, a price-to-earnings ratio of 29.74 and a beta of 0.69. The business has a 50-day simple moving average of $61.04 and a 200 day simple moving average of $62.21.

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).