iShares U.S. Healthcare ETF (NYSEARCA:IYH) Hits New 12-Month High – What’s Next?

iShares U.S. Healthcare ETF (NYSEARCA:IYH) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $67.15 and last traded at $67.4190, with a volume of 35056 shares traded. The stock had previously closed at $66.58.

iShares U.S. Healthcare ETF Stock Up 1.0%

The firm has a market capitalization of $3.68 billion, a P/E ratio of 21.05 and a beta of 0.65. The firm has a 50 day moving average of $64.34 and a 200-day moving average of $60.06.

Institutional Trading of iShares U.S. Healthcare ETF

Several large investors have recently modified their holdings of IYH. Aua Capital Management LLC lifted its position in iShares U.S. Healthcare ETF by 0.6% during the third quarter. Aua Capital Management LLC now owns 29,959 shares of the company’s stock worth $1,759,000 after purchasing an additional 174 shares during the period. Apexium Financial LP increased its holdings in iShares U.S. Healthcare ETF by 1.2% in the 3rd quarter. Apexium Financial LP now owns 15,085 shares of the company’s stock valued at $886,000 after buying an additional 174 shares during the period. Allworth Financial LP raised its position in shares of iShares U.S. Healthcare ETF by 5.1% in the 3rd quarter. Allworth Financial LP now owns 3,660 shares of the company’s stock valued at $215,000 after buying an additional 179 shares in the last quarter. Liberty Wealth Management LLC lifted its holdings in shares of iShares U.S. Healthcare ETF by 1.5% during the 3rd quarter. Liberty Wealth Management LLC now owns 14,372 shares of the company’s stock worth $844,000 after acquiring an additional 209 shares during the period. Finally, Cary Street Partners Financial LLC lifted its holdings in shares of iShares U.S. Healthcare ETF by 2.7% during the 3rd quarter. Cary Street Partners Financial LLC now owns 8,099 shares of the company’s stock worth $476,000 after acquiring an additional 212 shares during the period.

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). The Index measures the performance of the healthcare sector of the United States equity market, and includes companies in the industry groups, such as healthcare equipment and services, pharmaceuticals and biotechnology.