Financial Counselors Inc. Cuts Stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Financial Counselors Inc. cut its holdings in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 5.6% during the 4th quarter, HoldingsChannel reports. The fund owned 5,076 shares of the company’s stock after selling 300 shares during the quarter. Financial Counselors Inc.’s holdings in iShares U.S. Healthcare ETF were worth $296,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Bank of Jackson Hole Trust purchased a new position in iShares U.S. Healthcare ETF in the 4th quarter worth approximately $29,000. Cape Investment Advisory Inc. purchased a new position in shares of iShares U.S. Healthcare ETF in the fourth quarter worth $30,000. Murphy & Mullick Capital Management Corp bought a new stake in iShares U.S. Healthcare ETF during the 4th quarter valued at $30,000. Private Trust Co. NA purchased a new stake in iShares U.S. Healthcare ETF during the 4th quarter valued at $33,000. Finally, Flagship Wealth Advisors LLC bought a new stake in iShares U.S. Healthcare ETF in the 4th quarter worth $44,000.

iShares U.S. Healthcare ETF Trading Down 0.4 %

Shares of NYSEARCA:IYH opened at $60.37 on Friday. The company has a 50-day moving average price of $61.48 and a 200-day moving average price of $61.81. The company has a market cap of $3.18 billion, a price-to-earnings ratio of 29.33 and a beta of 0.69. iShares U.S. Healthcare ETF has a 12 month low of $57.38 and a 12 month high of $66.59.

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).