iShares U.S. Healthcare ETF (NYSEARCA:IYH) Sees Large Volume Increase – What’s Next?

Posted by Amber O'Connor on Dec 21st, 2024

iShares U.S. Healthcare ETF (NYSEARCA:IYH – Get Free Report) saw an uptick in trading volume on Thursday . 532,280 shares traded hands during trading, an increase of 90% from the previous session’s volume of 279,952 shares.The stock last traded at $57.59 and had previously closed at $57.90.

iShares U.S. Healthcare ETF Stock Up 1.3 %

The firm has a market capitalization of $3.24 billion, a P/E ratio of 4.91 and a beta of 0.56. The company has a fifty day simple moving average of $61.72 and a 200 day simple moving average of $62.80.

Institutional Investors Weigh In On iShares U.S. Healthcare ETF

Institutional investors have recently made changes to their positions in the company. Lazari Capital Management Inc. bought a new position in iShares U.S. Healthcare ETF during the third quarter valued at approximately $300,000. Commonwealth Equity Services LLC grew its holdings in shares of iShares U.S. Healthcare ETF by 3.2% in the second quarter. Commonwealth Equity Services LLC now owns 407,087 shares of the company’s stock worth $24,942,000 after acquiring an additional 12,689 shares during the period. Brown Brothers Harriman & Co. purchased a new stake in iShares U.S. Healthcare ETF during the third quarter valued at $58,000. Choreo LLC lifted its holdings in iShares U.S. Healthcare ETF by 48.2% in the second quarter. Choreo LLC now owns 22,765 shares of the company’s stock valued at $1,388,000 after acquiring an additional 7,399 shares during the period. Finally, J.W. Cole Advisors Inc. boosted its position in iShares U.S. Healthcare ETF by 3.8% in the second quarter. J.W. Cole Advisors Inc. now owns 27,119 shares of the company’s stock worth $1,662,000 after purchasing an additional 996 shares during the last quarter.

About iShares U.S. Healthcare ETF

(Get Free Report)

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).