iShares U.S. Healthcare ETF $IYH Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lessened its position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 92.6% during the fourth quarter, Holdings Channel reports. The fund owned 78,536 shares of the company’s stock after selling 988,235 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares U.S. Healthcare ETF were worth $5,113,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of IYH. Optima Capital LLC acquired a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter worth about $51,000. Triumph Capital Management acquired a new stake in shares of iShares U.S. Healthcare ETF in the 3rd quarter worth about $59,000. Ransom Advisory Ltd acquired a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter worth about $65,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of iShares U.S. Healthcare ETF in the 3rd quarter worth about $83,000. Finally, Keystone Financial Group acquired a new stake in shares of iShares U.S. Healthcare ETF in the 3rd quarter worth about $101,000.

iShares U.S. Healthcare ETF Stock Up 1.1%

IYH stock opened at $62.98 on Friday. iShares U.S. Healthcare ETF has a fifty-two week low of $53.94 and a fifty-two week high of $67.63. The firm’s 50-day simple moving average is $61.52 and its 200 day simple moving average is $63.82. The stock has a market cap of $2.94 billion, a PE ratio of 21.05 and a beta of 0.59.

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). The Index measures the performance of the healthcare sector of the United States equity market, and includes companies in the industry groups, such as healthcare equipment and services, pharmaceuticals and biotechnology.