Horizon Wealth Management LLC Acquires 221,882 Shares of iShares U.S. Healthcare ETF $IYH

Horizon Wealth Management LLC acquired a new position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the third quarter, HoldingsChannel reports. The fund acquired 221,882 shares of the company’s stock, valued at approximately $15,878,000. iShares U.S. Healthcare ETF makes up about 2.0% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 20th largest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. AIA Group Ltd purchased a new position in shares of iShares U.S. Healthcare ETF in the 3rd quarter worth $261,449,000. Royal Bank of Canada boosted its holdings in iShares U.S. Healthcare ETF by 7.8% in the first quarter. Royal Bank of Canada now owns 899,816 shares of the company’s stock valued at $55,466,000 after acquiring an additional 64,913 shares during the last quarter. Oakworth Capital Inc. acquired a new position in iShares U.S. Healthcare ETF in the third quarter valued at $43,645,000. Kestra Advisory Services LLC grew its position in iShares U.S. Healthcare ETF by 2.3% during the third quarter. Kestra Advisory Services LLC now owns 430,280 shares of the company’s stock valued at $30,791,000 after acquiring an additional 9,798 shares during the period. Finally, Commonwealth Equity Services LLC purchased a new stake in iShares U.S. Healthcare ETF during the third quarter valued at about $20,700,000.

iShares U.S. Healthcare ETF Trading Down 2.8%

IYH stock opened at $77.63 on Friday. The company has a market cap of $4.63 billion, a PE ratio of 33.46 and a beta of 0.55. The stock has a 50-day moving average price of $73.07 and a two-hundred day moving average price of $67.05. iShares U.S. Healthcare ETF has a 12-month low of $59.63 and a 12-month high of $80.71.

iShares U.S. Healthcare ETF Company 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.