NewEdge Advisors LLC Sells 8,953 Shares of iShares U.S. Healthcare ETF $IYH

NewEdge Advisors LLC lessened its stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 35.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,969 shares of the company’s stock after selling 8,953 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares U.S. Healthcare ETF were worth $984,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Apella Capital LLC bought a new position in shares of iShares U.S. Healthcare ETF during the fourth quarter valued at $1,053,000. AE Wealth Management LLC boosted its stake in shares of iShares U.S. Healthcare ETF by 9,109.8% in the 4th quarter. AE Wealth Management LLC now owns 91,914 shares of the company’s stock valued at $5,984,000 after purchasing an additional 90,916 shares in the last quarter. Summit Financial Consulting LLC bought a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter worth about $7,151,000. Apollon Wealth Management LLC grew its holdings in shares of iShares U.S. Healthcare ETF by 152.1% in the 4th quarter. Apollon Wealth Management LLC now owns 13,578 shares of the company’s stock worth $884,000 after purchasing an additional 8,192 shares during the last quarter. Finally, Gerald Baker Financial Group LLC bought a new stake in shares of iShares U.S. Healthcare ETF in the 1st quarter worth about $3,539,000.

iShares U.S. Healthcare ETF Stock Down 0.7%

Shares of iShares U.S. Healthcare ETF stock opened at $68.34 on Friday. iShares U.S. Healthcare ETF has a 12-month low of $53.94 and a 12-month high of $70.78. The stock has a market capitalization of $3.44 billion, a P/E ratio of 21.05 and a beta of 0.58. The company has a 50-day simple moving average of $65.96 and a 200 day simple moving average of $64.26.

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.