iShares U.S. Healthcare ETF (NYSEARCA:IYH) Shares Sold by LPL Financial LLC

LPL Financial LLC lessened its stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,586,777 shares of the company’s stock after selling 17,650 shares during the quarter. LPL Financial LLC owned about 2.85% of iShares U.S. Healthcare ETF worth $92,461,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter worth $42,676,000. Bank of Montreal Can raised its position in shares of iShares U.S. Healthcare ETF by 331.9% during the third quarter. Bank of Montreal Can now owns 424,528 shares of the company’s stock worth $27,429,000 after purchasing an additional 326,233 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of iShares U.S. Healthcare ETF by 22.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 474,482 shares of the company’s stock valued at $27,648,000 after purchasing an additional 86,007 shares during the last quarter. Glenview Trust co boosted its position in shares of iShares U.S. Healthcare ETF by 241.8% in the 4th quarter. Glenview Trust co now owns 104,940 shares of the company’s stock valued at $6,115,000 after purchasing an additional 74,236 shares during the period. Finally, B&D White Capital Company LLC purchased a new position in iShares U.S. Healthcare ETF in the 4th quarter worth about $3,723,000.

iShares U.S. Healthcare ETF Trading Down 1.3 %

NYSEARCA IYH opened at $60.83 on Wednesday. iShares U.S. Healthcare ETF has a 1 year low of $57.38 and a 1 year high of $66.59. The stock’s 50-day moving average price is $61.42 and its two-hundred day moving average price is $61.86. The company has a market cap of $3.20 billion, a PE ratio of 29.33 and a beta of 0.69.

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).