Banque Pictet & Cie SA Acquires Shares of 19,088 iShares U.S. Healthcare ETF $IYH

Banque Pictet & Cie SA bought a new position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,088 shares of the company’s stock, valued at approximately $1,243,000.

Other hedge funds have also recently modified their holdings of the company. SJS Investment Consulting Inc. purchased a new position in iShares U.S. Healthcare ETF in the 3rd quarter valued at about $36,000. First Horizon Corp acquired a new stake in iShares U.S. Healthcare ETF in the 3rd quarter worth about $51,000. Newbridge Financial Services Group Inc. purchased a new stake in iShares U.S. Healthcare ETF during the 2nd quarter worth approximately $56,000. Davis Capital Management acquired a new position in shares of iShares U.S. Healthcare ETF during the third quarter valued at approximately $59,000. Finally, Ransom Advisory Ltd acquired a new position in shares of iShares U.S. Healthcare ETF during the fourth quarter valued at approximately $65,000.

iShares U.S. Healthcare ETF Price Performance

NYSEARCA IYH opened at $61.65 on Friday. The stock’s 50 day simple moving average is $64.10 and its 200-day simple moving average is $63.36. The company has a market cap of $3.31 billion, a PE ratio of 21.05 and a beta of 0.65. iShares U.S. Healthcare ETF has a 1-year low of $53.35 and a 1-year high of $67.63.

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). 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.