Salomon & Ludwin LLC Purchases 800 Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Salomon & Ludwin LLC boosted its stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 400.0% in the first quarter, HoldingsChannel reports. The firm owned 1,000 shares of the company’s stock after acquiring an additional 800 shares during the period. Salomon & Ludwin LLC’s holdings in iShares U.S. Healthcare ETF were worth $62,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Financial Counselors Inc. increased its holdings in iShares U.S. Healthcare ETF by 400.0% in the first quarter. Financial Counselors Inc. now owns 5,400 shares of the company’s stock valued at $334,000 after purchasing an additional 4,320 shares during the last quarter. Hudock Inc. increased its holdings in iShares U.S. Healthcare ETF by 390.7% in the first quarter. Hudock Inc. now owns 16,172 shares of the company’s stock valued at $1,001,000 after purchasing an additional 12,876 shares during the last quarter. Conservest Capital Advisors Inc. grew its stake in iShares U.S. Healthcare ETF by 402.6% in the first quarter. Conservest Capital Advisors Inc. now owns 41,474 shares of the company’s stock valued at $2,567,000 after acquiring an additional 33,222 shares during the period. Haverford Trust Co grew its stake in iShares U.S. Healthcare ETF by 400.0% in the first quarter. Haverford Trust Co now owns 14,270 shares of the company’s stock valued at $883,000 after acquiring an additional 11,416 shares during the period. Finally, Lwmg LLC grew its stake in iShares U.S. Healthcare ETF by 729.6% in the first quarter. Lwmg LLC now owns 5,973 shares of the company’s stock valued at $370,000 after acquiring an additional 5,253 shares during the period.

iShares U.S. Healthcare ETF Stock Performance

NYSEARCA:IYH traded up $0.28 on Tuesday, reaching $60.97. The company’s stock had a trading volume of 93,549 shares, compared to its average volume of 296,467. iShares U.S. Healthcare ETF has a 1-year low of $51.27 and a 1-year high of $62.18. The firm has a market cap of $3.39 billion, a PE ratio of 4.91 and a beta of 0.56. The business’s 50-day moving average price is $60.65 and its two-hundred day moving average price is $60.03.

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).