Royal Fund Management LLC Sells 89,997 Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Royal Fund Management LLC reduced its holdings in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 53.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 79,686 shares of the company’s stock after selling 89,997 shares during the quarter. Royal Fund Management LLC owned 0.14% of iShares U.S. Healthcare ETF worth $5,181,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. ZRC Wealth Management LLC acquired a new position in iShares U.S. Healthcare ETF during the third quarter worth about $51,000. Arkansas Financial Group Inc. grew its holdings in shares of iShares U.S. Healthcare ETF by 18.9% during the 3rd quarter. Arkansas Financial Group Inc. now owns 87,192 shares of the company’s stock valued at $5,668,000 after purchasing an additional 13,878 shares during the last quarter. Lwmg LLC increased its position in iShares U.S. Healthcare ETF by 23.8% during the 3rd quarter. Lwmg LLC now owns 8,291 shares of the company’s stock worth $539,000 after purchasing an additional 1,594 shares in the last quarter. Park Avenue Securities LLC lifted its stake in iShares U.S. Healthcare ETF by 8.4% in the 3rd quarter. Park Avenue Securities LLC now owns 48,571 shares of the company’s stock valued at $3,157,000 after purchasing an additional 3,758 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in iShares U.S. Healthcare ETF in the second quarter valued at approximately $5,742,000.

iShares U.S. Healthcare ETF Stock Up 0.2 %

Shares of NYSEARCA IYH traded up $0.12 during midday trading on Wednesday, reaching $64.05. 5,101 shares of the company were exchanged, compared to its average volume of 280,590. The stock’s 50-day moving average price is $64.75 and its 200-day moving average price is $62.11. The stock has a market cap of $3.56 billion, a P/E ratio of 4.91 and a beta of 0.56. iShares U.S. Healthcare ETF has a one year low of $51.27 and a one year high of $66.59.

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).