Arkansas Financial Group Inc. Has $3.52 Million Stock Position in iShares U.S. Healthcare ETF (NYSEARCA:IYH)

Arkansas Financial Group Inc. grew its position in iShares U.S. Healthcare ETF (NYSEARCA:IYH) by 10.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 12,544 shares of the company’s stock after acquiring an additional 1,211 shares during the quarter. iShares U.S. Healthcare ETF makes up about 0.7% of Arkansas Financial Group Inc.’s investment portfolio, making the stock its 29th largest holding. Arkansas Financial Group Inc.’s holdings in iShares U.S. Healthcare ETF were worth $3,515,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Simplex Trading LLC acquired a new stake in iShares U.S. Healthcare ETF in the first quarter valued at approximately $27,000. Carolinas Wealth Consulting LLC acquired a new position in iShares U.S. Healthcare ETF during the first quarter worth $30,000. Compass Wealth Management LLC bought a new position in iShares U.S. Healthcare ETF during the fourth quarter valued at about $33,000. Raleigh Capital Management Inc. lifted its position in shares of iShares U.S. Healthcare ETF by 773.3% in the first quarter. Raleigh Capital Management Inc. now owns 131 shares of the company’s stock worth $36,000 after buying an additional 116 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL bought a new stake in shares of iShares U.S. Healthcare ETF during the 1st quarter worth about $43,000.

iShares U.S. Healthcare ETF Price Performance

Shares of IYH stock traded down $2.42 during trading on Friday, reaching $278.01. The company had a trading volume of 26,128 shares, compared to its average volume of 43,216. The company has a market capitalization of $3.16 billion, a PE ratio of 21.09 and a beta of 0.71. The firm’s 50 day simple moving average is $280.85 and its two-hundred day simple moving average is $277.12. iShares U.S. Healthcare ETF has a one year low of $250.10 and a one year high of $294.07.

iShares U.S. Healthcare ETF Company 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).