HighTower Advisors LLC Acquires 11,365 Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH)

HighTower Advisors LLC grew its holdings in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 3.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 307,193 shares of the company’s stock after purchasing an additional 11,365 shares during the period. HighTower Advisors LLC’s holdings in iShares U.S. Healthcare ETF were worth $17,900,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. LPL Financial LLC boosted its position in shares of iShares U.S. Healthcare ETF by 4.0% during the 3rd quarter. LPL Financial LLC now owns 1,604,427 shares of the company’s stock valued at $104,288,000 after acquiring an additional 61,062 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Healthcare ETF during the 4th quarter valued at about $42,676,000. Bank of Montreal Can boosted its position in shares of iShares U.S. Healthcare ETF by 331.9% during the 3rd quarter. Bank of Montreal Can now owns 424,528 shares of the company’s stock valued at $27,429,000 after acquiring an additional 326,233 shares during the last quarter. Oakworth Capital Inc. boosted its position in shares of iShares U.S. Healthcare ETF by 0.7% during the 4th quarter. Oakworth Capital Inc. now owns 379,835 shares of the company’s stock valued at $22,133,000 after acquiring an additional 2,794 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of iShares U.S. Healthcare ETF by 0.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 203,978 shares of the company’s stock valued at $13,259,000 after acquiring an additional 1,854 shares during the last quarter.

iShares U.S. Healthcare ETF Trading Up 0.9 %

Shares of IYH opened at $60.59 on Friday. The stock has a 50-day moving average price of $61.16 and a 200-day moving average price of $62.12. The company has a market cap of $3.18 billion, a PE ratio of 29.74 and a beta of 0.69. iShares U.S. Healthcare ETF has a 12-month low of $57.38 and a 12-month high of $66.59.

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).