Mendel Capital Management LLC Sells 652 Shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Mendel Capital Management LLC cut its stake in shares of iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 14.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,849 shares of the company’s stock after selling 652 shares during the quarter. Mendel Capital Management LLC’s holdings in iShares U.S. Healthcare ETF were worth $250,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Lazari Capital Management Inc. acquired a new position in shares of iShares U.S. Healthcare ETF during the third quarter valued at about $300,000. Commonwealth Equity Services LLC boosted its holdings in 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. O Shaughnessy Asset Management LLC grew its stake in iShares U.S. Healthcare ETF by 400.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 3,375 shares of the company’s stock valued at $209,000 after acquiring an additional 2,700 shares during the period. Choreo LLC increased its holdings in shares of 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 in the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of iShares U.S. Healthcare ETF by 463.8% during the first quarter. BNP Paribas Financial Markets now owns 1,804 shares of the company’s stock worth $112,000 after purchasing an additional 1,484 shares during the period.

iShares U.S. Healthcare ETF Stock Down 2.0 %

Shares of IYH opened at $59.76 on Monday. The business’s fifty day moving average is $64.00 and its 200 day moving average is $62.82. iShares U.S. Healthcare ETF has a 12-month low of $53.37 and a 12-month high of $66.59. The stock has a market cap of $3.32 billion, a P/E 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).