Valmark Advisers Inc. Buys 1,042 Shares of iShares U.S. Healthcare ETF $IYH

Valmark Advisers Inc. grew its stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 4.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,227 shares of the company’s stock after acquiring an additional 1,042 shares during the quarter. Valmark Advisers Inc. owned 0.05% of iShares U.S. Healthcare ETF worth $1,481,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IYH. RMG Wealth Management LLC acquired a new position in shares of iShares U.S. Healthcare ETF in the 2nd quarter valued at approximately $28,000. Flaharty Asset Management LLC acquired a new position in shares of iShares U.S. Healthcare ETF in the 1st quarter valued at approximately $37,000. Hilltop National Bank acquired a new position in shares of iShares U.S. Healthcare ETF in the 2nd quarter valued at approximately $45,000. Strategic Investment Solutions Inc. IL grew its position in shares of iShares U.S. Healthcare ETF by 407.6% in the 1st quarter. Strategic Investment Solutions Inc. IL now owns 797 shares of the company’s stock valued at $49,000 after purchasing an additional 640 shares during the period. Finally, AlphaCore Capital LLC acquired a new position in shares of iShares U.S. Healthcare ETF in the 1st quarter valued at approximately $63,000.

iShares U.S. Healthcare ETF Stock Performance

Shares of IYH opened at $61.01 on Thursday. The stock has a 50 day simple moving average of $57.62 and a 200 day simple moving average of $57.01. iShares U.S. Healthcare ETF has a 52-week low of $53.35 and a 52-week high of $65.31. The firm has a market capitalization of $2.92 billion, a PE ratio of 21.05 and a beta of 0.71.

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).