Peapack Gladstone Financial Corp Sells 1,157 Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Peapack Gladstone Financial Corp lowered its stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 0.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 136,032 shares of the company’s stock after selling 1,157 shares during the period. Peapack Gladstone Financial Corp owned 0.24% of iShares U.S. Healthcare ETF worth $8,842,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of IYH. Lazari Capital Management Inc. bought a new stake in shares of iShares U.S. Healthcare ETF during the third quarter worth $300,000. Commonwealth Equity Services LLC lifted its position in 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 valued at $24,942,000 after purchasing an additional 12,689 shares during the period. Brown Brothers Harriman & Co. bought a new position in shares of iShares U.S. Healthcare ETF in the 3rd quarter valued at about $58,000. Choreo LLC grew its position in shares of iShares U.S. Healthcare ETF by 48.2% during the 2nd quarter. Choreo LLC now owns 22,765 shares of the company’s stock worth $1,388,000 after buying an additional 7,399 shares during the period. Finally, J.W. Cole Advisors Inc. grew its position in shares of iShares U.S. Healthcare ETF by 3.8% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 27,119 shares of the company’s stock worth $1,662,000 after buying an additional 996 shares during the period.

iShares U.S. Healthcare ETF Price Performance

Shares of NYSEARCA IYH opened at $59.69 on Friday. iShares U.S. Healthcare ETF has a fifty-two week low of $55.62 and a fifty-two week high of $66.59. The firm has a market capitalization of $3.32 billion, a P/E ratio of 4.91 and a beta of 0.56. The company’s 50 day simple moving average is $62.31 and its 200 day simple moving average is $62.85.

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).