Johnson Investment Counsel Inc. Raises Stock Position in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Johnson Investment Counsel Inc. raised its stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,485 shares of the company’s stock after purchasing an additional 315 shares during the quarter. Johnson Investment Counsel Inc. owned approximately 0.06% of iShares U.S. Healthcare ETF worth $2,068,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in shares of iShares U.S. Healthcare ETF by 0.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 203,978 shares of the company’s stock worth $13,259,000 after buying an additional 1,854 shares during the period. Brookstone Capital Management grew its position in shares of iShares U.S. Healthcare ETF by 19.1% in the 4th quarter. Brookstone Capital Management now owns 5,439 shares of the company’s stock worth $317,000 after buying an additional 872 shares during the period. Janney Montgomery Scott LLC grew its position in shares of iShares U.S. Healthcare ETF by 11.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 34,466 shares of the company’s stock worth $2,008,000 after buying an additional 3,505 shares during the period. D.A. Davidson & CO. grew its position in shares of iShares U.S. Healthcare ETF by 6.7% in the 4th quarter. D.A. Davidson & CO. now owns 5,394 shares of the company’s stock worth $314,000 after buying an additional 341 shares during the period. Finally, Brown Brothers Harriman & Co. purchased a new stake in shares of iShares U.S. Healthcare ETF in the 3rd quarter worth about $58,000.

iShares U.S. Healthcare ETF Price Performance

NYSEARCA:IYH opened at $61.02 on Wednesday. The firm’s 50-day moving average price is $61.04 and its 200-day moving average price is $62.21. The company has a market capitalization of $3.21 billion, a PE ratio of 29.74 and a beta of 0.69. iShares U.S. Healthcare ETF has a 1-year low of $57.38 and a 1-year high of $66.59.

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).