B. Riley Wealth Advisors Inc. Cuts Position in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

B. Riley Wealth Advisors Inc. trimmed its stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 7.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,249 shares of the company’s stock after selling 840 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares U.S. Healthcare ETF were worth $660,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Lazari Capital Management Inc. bought a new position in iShares U.S. Healthcare ETF in the third quarter worth about $300,000. Commonwealth Equity Services LLC raised its stake in shares of iShares U.S. Healthcare ETF by 3.2% during the 2nd 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 in the last quarter. Brown Brothers Harriman & Co. purchased a new stake in iShares U.S. Healthcare ETF during the third quarter valued at approximately $58,000. Choreo LLC lifted its position in iShares U.S. Healthcare ETF by 48.2% during 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 last quarter. Finally, J.W. Cole Advisors Inc. boosted its stake 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 valued at $1,662,000 after acquiring an additional 996 shares in the last quarter.

iShares U.S. Healthcare ETF Trading Down 1.7 %

Shares of IYH stock opened at $57.90 on Thursday. iShares U.S. Healthcare ETF has a 12-month low of $55.62 and a 12-month high of $66.59. The business’s fifty day simple moving average is $61.99 and its 200-day simple moving average is $62.85. The company has a market cap of $3.22 billion, a PE ratio of 4.91 and a beta of 0.56.

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).