Merkkuri Wealth Advisors LLC Has $1.62 Million Holdings in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Merkkuri Wealth Advisors LLC lowered its stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 1.4% in the fourth quarter, Holdings Channel reports. The firm owned 27,822 shares of the company’s stock after selling 401 shares during the period. iShares U.S. Healthcare ETF comprises about 1.3% of Merkkuri Wealth Advisors LLC’s holdings, making the stock its 26th biggest position. Merkkuri Wealth Advisors LLC’s holdings in iShares U.S. Healthcare ETF were worth $1,621,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC grew its stake in shares of iShares U.S. Healthcare ETF by 4.0% in the third quarter. LPL Financial LLC now owns 1,604,427 shares of the company’s stock worth $104,288,000 after acquiring an additional 61,062 shares during the last quarter. Bank of Montreal Can lifted its holdings in iShares U.S. Healthcare ETF by 331.9% during the 3rd quarter. Bank of Montreal Can now owns 424,528 shares of the company’s stock valued at $27,429,000 after purchasing an additional 326,233 shares during the last quarter. Consolidated Capital Management LLC boosted its holdings in shares of iShares U.S. Healthcare ETF by 9.5% in the 3rd quarter. Consolidated Capital Management LLC now owns 302,281 shares of the company’s stock worth $19,648,000 after acquiring an additional 26,349 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% during the third quarter. International Assets Investment Management LLC now owns 222,753 shares of the company’s stock worth $14,479,000 after purchasing an additional 219,257 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Healthcare ETF by 0.9% in the third quarter. JPMorgan Chase & Co. now owns 203,978 shares of the company’s stock valued at $13,259,000 after buying an additional 1,854 shares during the last quarter.

iShares U.S. Healthcare ETF Stock Up 0.1 %

Shares of NYSEARCA IYH opened at $61.04 on Friday. iShares U.S. Healthcare ETF has a 12-month low of $57.38 and a 12-month high of $66.59. The firm’s 50-day simple moving average is $59.88 and its 200 day simple moving average is $62.50. The company has a market cap of $3.39 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).