iShares U.S. Healthcare ETF (NYSEARCA:IYH) Stock Position Lessened by Merkkuri Wealth Advisors LLC

Merkkuri Wealth Advisors LLC cut its stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,822 shares of the company’s stock after selling 401 shares during the period. iShares U.S. Healthcare ETF makes up approximately 1.3% of Merkkuri Wealth Advisors LLC’s investment portfolio, making the stock its 26th biggest position. Merkkuri Wealth Advisors LLC owned approximately 0.05% of iShares U.S. Healthcare ETF worth $1,621,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Bank of Montreal Can grew its position in iShares U.S. Healthcare ETF by 4.0% in the second quarter. Bank of Montreal Can now owns 98,295 shares of the company’s stock worth $6,059,000 after buying an additional 3,755 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of iShares U.S. Healthcare ETF in the 2nd quarter valued at about $765,000. Daymark Wealth Partners LLC lifted its position in shares of iShares U.S. Healthcare ETF by 25.9% in the second quarter. Daymark Wealth Partners LLC now owns 10,179 shares of the company’s stock worth $624,000 after purchasing an additional 2,094 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of iShares U.S. Healthcare ETF by 6.1% during the second quarter. NewEdge Advisors LLC now owns 20,847 shares of the company’s stock worth $1,277,000 after purchasing an additional 1,197 shares during the period. Finally, Granite FO LLC acquired a new stake in shares of iShares U.S. Healthcare ETF during the 2nd quarter valued at $598,000.

iShares U.S. Healthcare ETF Stock Up 0.1 %

iShares U.S. Healthcare ETF stock opened at $61.04 on Friday. iShares U.S. Healthcare ETF has a 12 month low of $57.38 and a 12 month high of $66.59. The company’s fifty day simple moving average is $59.88 and its 200-day simple moving average is $62.50. The stock has a market cap of $3.39 billion, a P/E ratio of 4.91 and a beta of 0.56.

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).