Waterway Wealth Management LLC Raises Stock Holdings in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Waterway Wealth Management LLC boosted its holdings in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 401.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,011 shares of the company’s stock after purchasing an additional 5,613 shares during the quarter. Waterway Wealth Management LLC’s holdings in iShares U.S. Healthcare ETF were worth $434,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Rise Advisors LLC lifted its position in shares of iShares U.S. Healthcare ETF by 403.3% in the first quarter. Rise Advisors LLC now owns 463 shares of the company’s stock valued at $29,000 after acquiring an additional 371 shares in the last quarter. Compass Wealth Management LLC lifted its holdings in iShares U.S. Healthcare ETF by 400.0% in the 1st quarter. Compass Wealth Management LLC now owns 575 shares of the company’s stock valued at $36,000 after purchasing an additional 460 shares in the last quarter. Pacifica Partners Inc. boosted its stake in iShares U.S. Healthcare ETF by 1,884.4% during the 1st quarter. Pacifica Partners Inc. now owns 635 shares of the company’s stock worth $39,000 after purchasing an additional 603 shares during the last quarter. Tidemark LLC purchased a new stake in shares of iShares U.S. Healthcare ETF during the fourth quarter worth $40,000. Finally, Frazier Financial Advisors LLC acquired a new stake in shares of iShares U.S. Healthcare ETF in the fourth quarter valued at about $45,000.

iShares U.S. Healthcare ETF Price Performance

IYH traded down $0.07 on Friday, reaching $61.27. 761,967 shares of the company’s stock were exchanged, compared to its average volume of 300,165. iShares U.S. Healthcare ETF has a twelve month low of $51.27 and a twelve month high of $62.18. The stock has a market cap of $3.41 billion, a PE ratio of 4.91 and a beta of 0.56. The stock’s fifty day moving average price is $60.44 and its 200-day moving average price is $59.85.

iShares U.S. Healthcare ETF Company 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).