IFP Advisors Inc Grows Position in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

IFP Advisors Inc grew its stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 394.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,702 shares of the company’s stock after purchasing an additional 15,716 shares during the quarter. IFP Advisors Inc’s holdings in iShares U.S. Healthcare ETF were worth $1,148,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. B&D White Capital Company LLC purchased a new stake in shares of iShares U.S. Healthcare ETF during the fourth quarter valued at approximately $3,723,000. Rainey & Randall Wealth Advisors Inc. boosted its stake in shares of iShares U.S. Healthcare ETF by 6.4% during the fourth quarter. Rainey & Randall Wealth Advisors Inc. now owns 55,414 shares of the company’s stock valued at $3,229,000 after purchasing an additional 3,331 shares during the period. Arbor Investment Advisors LLC raised its holdings in shares of iShares U.S. Healthcare ETF by 4.5% during the fourth quarter. Arbor Investment Advisors LLC now owns 4,264 shares of the company’s stock valued at $248,000 after acquiring an additional 185 shares in the last quarter. FPC Investment Advisory Inc. raised its holdings in shares of iShares U.S. Healthcare ETF by 21,920.0% during the fourth quarter. FPC Investment Advisory Inc. now owns 1,101 shares of the company’s stock valued at $68,000 after acquiring an additional 1,096 shares in the last quarter. Finally, Centricity Wealth Management LLC bought a new position in shares of iShares U.S. Healthcare ETF during the fourth quarter valued at approximately $106,000.

iShares U.S. Healthcare ETF Stock Down 0.7 %

Shares of iShares U.S. Healthcare ETF stock opened at $62.07 on Thursday. The company has a market cap of $3.20 billion, a PE ratio of 30.56 and a beta of 0.70. The business has a 50 day moving average of $60.41 and a 200 day moving average of $62.38. iShares U.S. Healthcare ETF has a 52 week low of $57.38 and a 52 week high of $66.59.

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).