Comerica Bank Buys 873 Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Comerica Bank boosted its holdings in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 8.6% in the 4th quarter, Holdings Channel reports. The firm owned 11,042 shares of the company’s stock after buying an additional 873 shares during the period. Comerica Bank’s holdings in iShares U.S. Healthcare ETF were worth $643,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brookstone Capital Management grew its stake in shares of iShares U.S. Healthcare ETF by 19.1% in the 4th quarter. Brookstone Capital Management now owns 5,439 shares of the company’s stock valued at $317,000 after buying an additional 872 shares during the period. Laurel Wealth Advisors LLC raised its holdings in shares of iShares U.S. Healthcare ETF by 4.5% in the 4th quarter. Laurel Wealth Advisors LLC now owns 30,073 shares of the company’s stock worth $1,752,000 after purchasing an additional 1,290 shares during the period. Ameritas Advisory Services LLC raised its holdings in shares of iShares U.S. Healthcare ETF by 9.7% in the 4th quarter. Ameritas Advisory Services LLC now owns 14,384 shares of the company’s stock worth $838,000 after purchasing an additional 1,268 shares during the period. Stillwater Capital Advisors LLC grew its stake in iShares U.S. Healthcare ETF by 4.0% in the 4th quarter. Stillwater Capital Advisors LLC now owns 98,785 shares of the company’s stock valued at $5,756,000 after buying an additional 3,794 shares in the last quarter. Finally, Finley Financial LLC purchased a new position in iShares U.S. Healthcare ETF in the 4th quarter valued at approximately $1,806,000.

iShares U.S. Healthcare ETF Trading Down 2.2%

iShares U.S. Healthcare ETF stock opened at $53.97 on Thursday. The firm has a 50 day simple moving average of $58.19 and a 200 day simple moving average of $59.97. The firm has a market capitalization of $2.73 billion, a price-to-earnings ratio of 27.42 and a beta of 0.69. iShares U.S. Healthcare ETF has a 1-year low of $53.83 and a 1-year 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).