Gerald Baker Financial Group LLC Takes Position in iShares U.S. Healthcare ETF $IYH

Gerald Baker Financial Group LLC bought a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 60,737 shares of the company’s stock, valued at approximately $3,539,000. iShares U.S. Healthcare ETF accounts for about 1.2% of Gerald Baker Financial Group LLC’s portfolio, making the stock its 25th largest position. Gerald Baker Financial Group LLC owned 0.13% of iShares U.S. Healthcare ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Asempa Wealth Advisors purchased a new position in shares of iShares U.S. Healthcare ETF in the fourth quarter worth about $818,000. Apella Capital LLC purchased a new stake in iShares U.S. Healthcare ETF in the fourth quarter valued at approximately $1,053,000. AE Wealth Management LLC boosted its position in iShares U.S. Healthcare ETF by 9,109.8% in the fourth quarter. AE Wealth Management LLC now owns 91,914 shares of the company’s stock valued at $5,984,000 after buying an additional 90,916 shares during the last quarter. Banque Pictet & Cie SA acquired a new position in iShares U.S. Healthcare ETF in the 4th quarter worth approximately $1,243,000. Finally, Summit Financial Consulting LLC acquired a new position in iShares U.S. Healthcare ETF in the 4th quarter worth approximately $7,151,000.

iShares U.S. Healthcare ETF Trading Up 2.0%

IYH opened at $68.12 on Friday. iShares U.S. Healthcare ETF has a 12-month low of $53.94 and a 12-month high of $69.93. The firm has a 50 day moving average of $64.46 and a two-hundred day moving average of $64.06. The firm has a market capitalization of $3.22 billion, a PE ratio of 21.05 and a beta of 0.58.

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.