Rise Advisors LLC Increases Stock Position in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Rise Advisors LLC increased its position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 403.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 463 shares of the company’s stock after buying an additional 371 shares during the period. Rise Advisors LLC’s holdings in iShares U.S. Healthcare ETF were worth $29,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Compass Wealth Management LLC raised its position in shares of iShares U.S. Healthcare ETF by 400.0% in the first quarter. Compass Wealth Management LLC now owns 575 shares of the company’s stock valued at $36,000 after buying an additional 460 shares during the last quarter. Tidemark LLC acquired a new stake in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at about $40,000. Frazier Financial Advisors LLC acquired a new stake in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at about $45,000. Transcendent Capital Group LLC acquired a new stake in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at about $57,000. Finally, CVA Family Office LLC acquired a new stake in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at about $59,000.

iShares U.S. Healthcare ETF Stock Up 0.3 %

Shares of NYSEARCA IYH opened at $61.08 on Friday. The firm has a 50-day simple moving average of $60.04 and a 200-day simple moving average of $59.54. The stock has a market capitalization of $3.40 billion, a price-to-earnings ratio of 4.91 and a beta of 0.56. iShares U.S. Healthcare ETF has a 52 week low of $51.27 and a 52 week high of $62.18.

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).