Readystate Asset Management LP Takes Position in iShares U.S. Healthcare ETF $IYH

Readystate Asset Management LP acquired a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 8,096 shares of the company’s stock, valued at approximately $543,000.

A number of other institutional investors have also recently added to or reduced their stakes in IYH. Gerald Baker Financial Group LLC acquired a new stake in shares of iShares U.S. Healthcare ETF during the 1st quarter valued at approximately $3,539,000. Win Advisors Inc. acquired a new stake in shares of iShares U.S. Healthcare ETF in the 4th quarter worth approximately $2,298,000. McIlrath & Eck LLC purchased a new position in iShares U.S. Healthcare ETF in the 1st quarter valued at approximately $490,000. Sigma Planning Corp increased its stake in iShares U.S. Healthcare ETF by 115.9% in the 1st quarter. Sigma Planning Corp now owns 22,768 shares of the company’s stock valued at $1,403,000 after purchasing an additional 12,222 shares in the last quarter. Finally, Hsbc Holdings PLC raised its holdings in iShares U.S. Healthcare ETF by 1,008.8% during the fourth quarter. Hsbc Holdings PLC now owns 1,237,489 shares of the company’s stock worth $80,561,000 after purchasing an additional 1,125,886 shares during the last quarter.

iShares U.S. Healthcare ETF Stock Performance

IYH opened at $72.40 on Tuesday. The business’s fifty day moving average is $70.05 and its two-hundred day moving average is $65.38. The company has a market cap of $3.66 billion, a price-to-earnings ratio of 21.05 and a beta of 0.58. iShares U.S. Healthcare ETF has a one year low of $56.44 and a one year high of $74.59.

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.