Granite FO LLC Makes New Investment in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Granite FO LLC purchased a new position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,768 shares of the company’s stock, valued at approximately $598,000. iShares U.S. Healthcare ETF makes up about 0.4% of Granite FO LLC’s portfolio, making the stock its 29th biggest holding.

Several other large investors have also recently made changes to their positions in the business. Transcendent Capital Group LLC purchased a new position in shares of iShares U.S. Healthcare ETF in the fourth quarter worth about $57,000. Angeles Wealth Management LLC bought a new position in iShares U.S. Healthcare ETF during the 4th quarter worth approximately $76,000. FAS Wealth Partners Inc. increased its stake in iShares U.S. Healthcare ETF by 550.0% in the 1st quarter. FAS Wealth Partners Inc. now owns 455 shares of the company’s stock worth $28,000 after purchasing an additional 385 shares during the period. Rise Advisors LLC lifted its position in iShares U.S. Healthcare ETF by 403.3% in the first quarter. Rise Advisors LLC now owns 463 shares of the company’s stock valued at $29,000 after purchasing an additional 371 shares during the last quarter. Finally, LifeSteps Financial Inc. purchased a new stake in shares of iShares U.S. Healthcare ETF during the first quarter valued at approximately $31,000.

iShares U.S. Healthcare ETF Stock Performance

Shares of iShares U.S. Healthcare ETF stock opened at $64.61 on Friday. iShares U.S. Healthcare ETF has a 52-week low of $51.27 and a 52-week high of $66.59. The company’s 50 day moving average price is $64.55 and its 200-day moving average price is $61.95. The stock has a market capitalization of $3.59 billion, a price-to-earnings 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).