CWA Asset Management Group LLC Invests $592,000 in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

CWA Asset Management Group LLC purchased a new position in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 9,106 shares of the company’s stock, valued at approximately $592,000.

Other large investors have also recently added to or reduced their stakes in the company. KCM Investment Advisors LLC boosted its stake in shares of iShares U.S. Healthcare ETF by 400.0% in the first quarter. KCM Investment Advisors LLC now owns 3,835 shares of the company’s stock valued at $237,000 after purchasing an additional 3,068 shares during the period. Lazari Capital Management Inc. acquired a new stake in shares of iShares U.S. Healthcare ETF during the third quarter valued at about $300,000. Commonwealth Equity Services LLC lifted its stake in shares of iShares U.S. Healthcare ETF by 3.2% in the second 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. Choreo LLC boosted its holdings in iShares U.S. Healthcare ETF by 400.0% in the first quarter. Choreo LLC now owns 15,366 shares of the company’s stock valued at $951,000 after purchasing an additional 12,293 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its stake in shares of iShares U.S. Healthcare ETF by 400.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 3,375 shares of the company’s stock valued at $209,000 after buying an additional 2,700 shares during the last quarter.

iShares U.S. Healthcare ETF Stock Down 0.2 %

Shares of IYH traded down $0.14 during midday trading on Monday, hitting $62.27. The company had a trading volume of 78,287 shares, compared to its average volume of 268,985. The company’s 50 day moving average price is $64.74 and its 200 day moving average price is $62.57. iShares U.S. Healthcare ETF has a 52 week low of $51.96 and a 52 week high of $66.59. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 4.91 and a beta of 0.56.

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).