iShares U.S. Healthcare ETF (NYSEARCA:IYH) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. lessened its position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 11.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 321,195 shares of the company’s stock after selling 40,090 shares during the period. Ameriprise Financial Inc. owned approximately 0.58% of iShares U.S. Healthcare ETF worth $18,767,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Allianz SE bought a new position in shares of iShares U.S. Healthcare ETF in the 4th quarter worth about $25,000. Bank of Jackson Hole Trust acquired a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter valued at $29,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter valued at about $30,000. Cape Investment Advisory Inc. acquired a new position in iShares U.S. Healthcare ETF during the 4th quarter worth approximately $30,000. Finally, Marshall & Sterling Wealth Advisors Inc. acquired a new stake in iShares U.S. Healthcare ETF during the 4th quarter valued at $33,000.

iShares U.S. Healthcare ETF Trading Up 1.3%

NYSEARCA:IYH opened at $54.65 on Friday. iShares U.S. Healthcare ETF has a 1-year low of $53.35 and a 1-year high of $66.59. The stock’s 50-day moving average is $58.05 and its 200-day moving average is $59.91. The stock has a market cap of $2.77 billion, a P/E ratio of 27.42 and a beta of 0.69.

iShares U.S. Healthcare ETF Company Profile

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).