Fairscale Capital LLC Buys Shares of 5,657 iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Fairscale Capital LLC purchased a new position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the second quarter, HoldingsChannel.com reports. The fund purchased 5,657 shares of the company’s stock, valued at approximately $357,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. SageView Advisory Group LLC increased its position in iShares U.S. Healthcare ETF by 4.3% during the 4th quarter. SageView Advisory Group LLC now owns 1,081 shares of the company’s stock worth $318,000 after purchasing an additional 45 shares in the last quarter. Parallel Advisors LLC raised its position in shares of iShares U.S. Healthcare ETF by 34.4% in the fourth quarter. Parallel Advisors LLC now owns 644 shares of the company’s stock valued at $184,000 after buying an additional 165 shares during the last quarter. Transcendent Capital Group LLC purchased a new position in shares of iShares U.S. Healthcare ETF during the fourth quarter valued at approximately $57,000. Capital Advisory Group Advisory Services LLC boosted its position in iShares U.S. Healthcare ETF by 2.5% during the second quarter. Capital Advisory Group Advisory Services LLC now owns 8,276 shares of the company’s stock worth $507,000 after acquiring an additional 203 shares during the last quarter. Finally, Regal Investment Advisors LLC grew its stake in iShares U.S. Healthcare ETF by 6.6% in the 4th quarter. Regal Investment Advisors LLC now owns 3,331 shares of the company’s stock worth $953,000 after acquiring an additional 207 shares during the period.

iShares U.S. Healthcare ETF Stock Performance

Shares of IYH opened at $65.63 on Friday. iShares U.S. Healthcare ETF has a fifty-two week low of $51.27 and a fifty-two week high of $66.59. The company has a market capitalization of $3.65 billion, a PE ratio of 4.91 and a beta of 0.56. The stock has a fifty day moving average of $64.31 and a two-hundred day moving average of $61.83.

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).