Bank of Montreal Can Buys 326,233 Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Bank of Montreal Can boosted its position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 331.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 424,528 shares of the company’s stock after purchasing an additional 326,233 shares during the period. Bank of Montreal Can owned about 0.76% of iShares U.S. Healthcare ETF worth $27,429,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IYH. Lazari Capital Management Inc. acquired a new position in shares of iShares U.S. Healthcare ETF during the third quarter worth about $300,000. Commonwealth Equity Services LLC lifted its stake in iShares U.S. Healthcare ETF by 3.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 407,087 shares of the company’s stock valued at $24,942,000 after acquiring an additional 12,689 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its position in iShares U.S. Healthcare ETF by 400.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 3,375 shares of the company’s stock worth $209,000 after acquiring an additional 2,700 shares during the last quarter. Choreo LLC grew its stake in shares of iShares U.S. Healthcare ETF by 48.2% during the 2nd quarter. Choreo LLC now owns 22,765 shares of the company’s stock worth $1,388,000 after acquiring an additional 7,399 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in shares of iShares U.S. Healthcare ETF by 372.4% during the 1st quarter. Russell Investments Group Ltd. now owns 1,129 shares of the company’s stock worth $70,000 after acquiring an additional 890 shares in the last quarter.

iShares U.S. Healthcare ETF Stock Up 0.3 %

Shares of IYH stock opened at $62.12 on Friday. iShares U.S. Healthcare ETF has a 12 month low of $54.19 and a 12 month high of $66.59. The company’s fifty day simple moving average is $63.04 and its 200-day simple moving average is $62.86. The firm has a market cap of $3.45 billion, a PE 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).