Murphy & Mullick Capital Management Corp Invests $30,000 in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Murphy & Mullick Capital Management Corp acquired a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 509 shares of the company’s stock, valued at approximately $30,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Quantinno Capital Management LP increased its position in iShares U.S. Healthcare ETF by 1.5% during the 3rd quarter. Quantinno Capital Management LP now owns 11,482 shares of the company’s stock valued at $746,000 after purchasing an additional 175 shares during the period. Arbor Investment Advisors LLC boosted its stake in shares of iShares U.S. Healthcare ETF by 4.5% during the fourth quarter. Arbor Investment Advisors LLC now owns 4,264 shares of the company’s stock valued at $248,000 after purchasing an additional 185 shares in the last quarter. IHT Wealth Management LLC increased its holdings in iShares U.S. Healthcare ETF by 5.2% during the third quarter. IHT Wealth Management LLC now owns 4,149 shares of the company’s stock valued at $270,000 after buying an additional 205 shares during the period. Laidlaw Wealth Management LLC raised its stake in iShares U.S. Healthcare ETF by 2.7% in the fourth quarter. Laidlaw Wealth Management LLC now owns 8,148 shares of the company’s stock worth $475,000 after buying an additional 215 shares in the last quarter. Finally, Shira Ridge Wealth Management lifted its holdings in iShares U.S. Healthcare ETF by 1.8% during the fourth quarter. Shira Ridge Wealth Management now owns 12,187 shares of the company’s stock worth $710,000 after buying an additional 220 shares during the period.

iShares U.S. Healthcare ETF Trading Up 0.2 %

Shares of NYSEARCA:IYH opened at $60.62 on Friday. The company has a market capitalization of $3.19 billion, a PE ratio of 29.33 and a beta of 0.69. iShares U.S. Healthcare ETF has a 12-month low of $57.38 and a 12-month high of $66.59. The business’s fifty day simple moving average is $61.46 and its 200-day simple moving average is $61.85.

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).