Arrien Investments Inc. Purchases New Holdings in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Arrien Investments Inc. bought a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) during the 4th quarter, HoldingsChannel reports. The fund bought 32,047 shares of the company’s stock, valued at approximately $1,997,000. iShares U.S. Healthcare ETF makes up 1.4% of Arrien Investments Inc.’s holdings, making the stock its 14th biggest position.

Other institutional investors have also added to or reduced their stakes in the company. Bank of Jackson Hole Trust acquired a new position in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at approximately $29,000. Cape Investment Advisory Inc. acquired a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter valued at about $30,000. Truvestments Capital LLC acquired a new position in shares of iShares U.S. Healthcare ETF during the third quarter worth approximately $32,000. Private Trust Co. NA acquired a new position in iShares U.S. Healthcare ETF during the fourth quarter worth $33,000. Finally, Brown Brothers Harriman & Co. acquired a new stake in shares of iShares U.S. Healthcare ETF in the 3rd quarter worth about $58,000.

iShares U.S. Healthcare ETF Price Performance

IYH opened at $60.59 on Monday. iShares U.S. Healthcare ETF has a 1 year low of $57.38 and a 1 year high of $66.59. The firm’s fifty day moving average price is $61.16 and its two-hundred day moving average price is $62.09. The company has a market capitalization of $3.18 billion, a price-to-earnings ratio of 29.74 and a beta of 0.69.

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).