Sowa Financial Group Inc. trimmed its position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH – Free Report) by 15.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,191 shares of the company’s stock after selling 10,285 shares during the quarter. iShares U.S. Healthcare ETF accounts for approximately 2.0% of Sowa Financial Group Inc.’s investment portfolio, making the stock its 9th biggest position. Sowa Financial Group Inc. owned 0.11% of iShares U.S. Healthcare ETF worth $3,788,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of IYH. First Horizon Corp acquired a new stake in shares of iShares U.S. Healthcare ETF during the third quarter worth about $51,000. Optima Capital LLC acquired a new position in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at approximately $51,000. Triumph Capital Management purchased a new stake in iShares U.S. Healthcare ETF during the 3rd quarter worth approximately $59,000. Ransom Advisory Ltd purchased a new stake in iShares U.S. Healthcare ETF during the 4th quarter worth approximately $65,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in iShares U.S. Healthcare ETF during the 3rd quarter worth approximately $83,000.
iShares U.S. Healthcare ETF Stock Up 0.4%
Shares of IYH stock opened at $61.46 on Thursday. iShares U.S. Healthcare ETF has a 52 week low of $53.35 and a 52 week high of $67.63. The stock has a market capitalization of $2.87 billion, a PE ratio of 21.05 and a beta of 0.59. The firm has a 50 day moving average of $62.41 and a two-hundred day moving average of $63.81.
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). 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.
Further Reading
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