Mendel Capital Management LLC Lowers Position in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Mendel Capital Management LLC lessened its stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 14.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,849 shares of the company’s stock after selling 652 shares during the quarter. Mendel Capital Management LLC’s holdings in iShares U.S. Healthcare ETF were worth $250,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Osaic Holdings Inc. grew its position in iShares U.S. Healthcare ETF by 393.0% in the 1st quarter. Osaic Holdings Inc. now owns 496,591 shares of the company’s stock worth $30,743,000 after purchasing an additional 395,856 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of iShares U.S. Healthcare ETF by 441.8% in the first quarter. Kestra Advisory Services LLC now owns 338,672 shares of the company’s stock valued at $20,964,000 after acquiring an additional 276,162 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of iShares U.S. Healthcare ETF by 6,271.7% in the third quarter. International Assets Investment Management LLC now owns 222,753 shares of the company’s stock valued at $14,479,000 after acquiring an additional 219,257 shares in the last quarter. Cetera Investment Advisers increased its position in shares of iShares U.S. Healthcare ETF by 1,301.3% during the first quarter. Cetera Investment Advisers now owns 186,455 shares of the company’s stock valued at $11,542,000 after acquiring an additional 173,149 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in iShares U.S. Healthcare ETF during the second quarter worth $5,742,000.

iShares U.S. Healthcare ETF Trading Down 2.0 %

IYH stock opened at $59.76 on Monday. The stock has a market cap of $3.32 billion, a P/E ratio of 4.91 and a beta of 0.56. The stock’s fifty day simple moving average is $64.00 and its two-hundred day simple moving average is $62.82. iShares U.S. Healthcare ETF has a 1-year low of $53.37 and a 1-year 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).