Truvestments Capital LLC Grows Stock Position in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Truvestments Capital LLC increased its holdings in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 400.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 500 shares of the company’s stock after buying an additional 400 shares during the period. Truvestments Capital LLC’s holdings in iShares U.S. Healthcare ETF were worth $31,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Butensky & Cohen Financial Security Inc. raised its stake in iShares U.S. Healthcare ETF by 335.5% in the 1st quarter. Butensky & Cohen Financial Security Inc. now owns 4,085 shares of the company’s stock valued at $253,000 after purchasing an additional 3,147 shares during the last quarter. KCM Investment Advisors LLC raised its stake in iShares U.S. Healthcare ETF by 400.0% in the 1st quarter. KCM Investment Advisors LLC now owns 3,835 shares of the company’s stock valued at $237,000 after purchasing an additional 3,068 shares during the last quarter. Objective Capital Management LLC acquired a new position in iShares U.S. Healthcare ETF in the 4th quarter valued at about $222,000. Goldman Sachs Group Inc. raised its stake in iShares U.S. Healthcare ETF by 3.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 185,810 shares of the company’s stock valued at $53,186,000 after purchasing an additional 6,073 shares during the last quarter. Finally, Choreo LLC raised its stake in iShares U.S. Healthcare ETF by 400.0% in the 1st quarter. Choreo LLC now owns 15,366 shares of the company’s stock valued at $951,000 after purchasing an additional 12,293 shares during the last quarter.

iShares U.S. Healthcare ETF Stock Performance

IYH stock traded up $0.37 during trading on Friday, hitting $63.03. The stock had a trading volume of 139,375 shares, compared to its average volume of 284,694. iShares U.S. Healthcare ETF has a 1-year low of $51.27 and a 1-year high of $63.68. The company’s 50 day moving average price is $61.30 and its two-hundred day moving average price is $60.48. The stock has a market cap of $3.50 billion, a price-to-earnings ratio of 4.91 and a beta of 0.56.

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).