Sovran Advisors LLC Invests $883,000 in iShares U.S. Healthcare ETF $IYH

Sovran Advisors LLC purchased a new stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 14,516 shares of the company’s stock, valued at approximately $883,000.

Several other institutional investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC grew its stake in shares of iShares U.S. Healthcare ETF by 6,342.2% during the second quarter. Laurel Wealth Advisors LLC now owns 1,947,096 shares of the company’s stock valued at $109,972,000 after buying an additional 1,916,872 shares during the last quarter. Goldman Sachs Group Inc. grew its position in iShares U.S. Healthcare ETF by 34.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 630,685 shares of the company’s stock valued at $38,402,000 after acquiring an additional 161,946 shares during the last quarter. Osaic Holdings Inc. increased its stake in iShares U.S. Healthcare ETF by 12.6% in the second quarter. Osaic Holdings Inc. now owns 421,350 shares of the company’s stock worth $23,810,000 after purchasing an additional 47,163 shares during the period. Oakworth Capital Inc. grew its holdings in shares of iShares U.S. Healthcare ETF by 1.7% in the second quarter. Oakworth Capital Inc. now owns 400,018 shares of the company’s stock worth $22,593,000 after purchasing an additional 6,606 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of iShares U.S. Healthcare ETF by 15.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 356,391 shares of the company’s stock worth $20,129,000 after buying an additional 48,219 shares during the period.

iShares U.S. Healthcare ETF Trading Up 0.3%

Shares of IYH stock opened at $66.38 on Tuesday. The business’s fifty day simple moving average is $65.47 and its 200-day simple moving average is $61.02. iShares U.S. Healthcare ETF has a 12-month low of $53.35 and a 12-month high of $67.63. The company has a market cap of $3.64 billion, a PE ratio of 21.05 and a beta of 0.65.

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.