Cape Investment Advisory Inc. Takes Position in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Cape Investment Advisory Inc. acquired a new stake in iShares U.S. Healthcare ETF (NYSEARCA:IYH) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 511 shares of the company’s stock, valued at approximately $30,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Healthcare ETF by 0.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 203,978 shares of the company’s stock valued at $13,259,000 after purchasing an additional 1,854 shares in the last quarter. Brookstone Capital Management raised its stake in iShares U.S. Healthcare ETF by 19.1% during the 4th quarter. Brookstone Capital Management now owns 5,439 shares of the company’s stock worth $317,000 after acquiring an additional 872 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in iShares U.S. Healthcare ETF by 11.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 34,466 shares of the company’s stock worth $2,008,000 after acquiring an additional 3,505 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in iShares U.S. Healthcare ETF during the 3rd quarter worth $58,000. Finally, Rainey & Randall Wealth Advisors Inc. raised its stake in iShares U.S. Healthcare ETF by 6.4% during the 4th quarter. Rainey & Randall Wealth Advisors Inc. now owns 55,414 shares of the company’s stock worth $3,229,000 after acquiring an additional 3,331 shares in the last quarter.

iShares U.S. Healthcare ETF Price Performance

Shares of NYSEARCA:IYH opened at $62.58 on Tuesday. The company’s fifty day moving average price is $60.65 and its 200 day moving average price is $62.34. iShares U.S. Healthcare ETF has a 12 month low of $57.38 and a 12 month high of $66.59. The firm has a market capitalization of $3.23 billion, a P/E ratio of 30.56 and a beta of 0.70.

About iShares U.S. Healthcare ETF

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).