Navellier & Associates Inc. Takes Position in iShares U.S. Healthcare ETF $IYH

Navellier & Associates Inc. purchased a new position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the third quarter, HoldingsChannel.com reports. The firm purchased 8,531 shares of the company’s stock, valued at approximately $501,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Financial Perspectives Inc acquired a new position in iShares U.S. Healthcare ETF in the second quarter valued at $30,000. SJS Investment Consulting Inc. purchased a new position in shares of iShares U.S. Healthcare ETF during the third quarter worth about $36,000. Assetmark Inc. increased its position in iShares U.S. Healthcare ETF by 98.4% in the 2nd quarter. Assetmark Inc. now owns 734 shares of the company’s stock valued at $41,000 after acquiring an additional 364 shares during the period. First Horizon Corp acquired a new position in iShares U.S. Healthcare ETF in the 3rd quarter valued at about $51,000. Finally, CENTRAL TRUST Co raised its stake in iShares U.S. Healthcare ETF by 108.7% during the 2nd quarter. CENTRAL TRUST Co now owns 960 shares of the company’s stock valued at $54,000 after acquiring an additional 500 shares during the last quarter.

iShares U.S. Healthcare ETF Trading Up 0.5%

iShares U.S. Healthcare ETF stock opened at $65.23 on Thursday. The stock has a 50 day moving average of $65.39 and a two-hundred day moving average of $61.72. iShares U.S. Healthcare ETF has a twelve month low of $53.35 and a twelve month high of $67.63. The stock has a market capitalization of $3.50 billion, a price-to-earnings ratio of 21.05 and a beta of 0.65.

iShares U.S. Healthcare ETF 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.