Fairscale Capital LLC Takes Position in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Fairscale Capital LLC acquired a new position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 5,657 shares of the company’s stock, valued at approximately $357,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. TPG Advisors LLC purchased a new stake in shares of iShares U.S. Healthcare ETF during the 2nd quarter worth approximately $329,000. Thrivent Financial for Lutherans raised its holdings in iShares U.S. Healthcare ETF by 0.9% during the second quarter. Thrivent Financial for Lutherans now owns 137,929 shares of the company’s stock worth $8,451,000 after purchasing an additional 1,229 shares during the last quarter. Etfidea LLC boosted its position in iShares U.S. Healthcare ETF by 1.0% during the second quarter. Etfidea LLC now owns 97,358 shares of the company’s stock worth $5,965,000 after purchasing an additional 928 shares in the last quarter. WCG Wealth Advisors LLC grew its holdings in iShares U.S. Healthcare ETF by 13.1% in the second quarter. WCG Wealth Advisors LLC now owns 14,695 shares of the company’s stock valued at $900,000 after purchasing an additional 1,700 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc grew its holdings in iShares U.S. Healthcare ETF by 2.4% in the second quarter. Glass Jacobson Investment Advisors llc now owns 17,214 shares of the company’s stock valued at $1,055,000 after purchasing an additional 411 shares during the last quarter.

iShares U.S. Healthcare ETF Stock Down 0.4 %

Shares of IYH stock opened at $65.63 on Friday. iShares U.S. Healthcare ETF has a fifty-two week low of $51.27 and a fifty-two week high of $66.59. The business has a fifty day simple moving average of $64.31 and a 200-day simple moving average of $61.83. The stock has a market cap of $3.65 billion, a P/E ratio of 4.91 and a beta of 0.56.

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).