ETF Worth Watching: iShares Dow Jones US Healthcare (ETF) Recorded $-127.88M Redemptions Because Of -7.53% AUM Decrease

ETF Worth Watching: iShares Dow Jones US Healthcare (ETF) Recorded $ 127.88M Redemptions Because Of  7.53% AUM Decrease

Today were reported iShares Dow Jones US Healthcare (ETF) (NYSEARCA:IYH)‘s daily net flows. The ETF registered $-127.88M asset outflows for -7.53% decrease, reaching $1570.09M after yestarday’s trading session. The chart of iShares Dow Jones US Healthcare (ETF) shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 3.35% or $4.78 on November 9, hitting $147.46. It is down 2.56% since April 8, 2016 and is uptrending. It has underperformed by 3.09% the S&P500.

The ETF’s YTD performance is -5.53%, the 1 year is -4.39% and the 3 year is 9.76%.

The ETF’s average P/E ratio is 20.17, the price to book is 3.1, the price to sales is 2.18 and the price to cashflow is 14.66. iShares Dow Jones US Healthcare (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Johnson & Johnson Common Stock for 11.16% of assets, Pfizer Inc. Common Stock for 7.09%, Merck & Company Inc. Common St for 5.96%, UnitedHealth Group Incorporated for 4.60%, Amgen Inc. for 4.31%, Medtronic plc. Ordinary Shares for 4.12%, Gilead Sciences Inc. for 3.60%, AbbVie Inc. Common Stock for 3.55%, Allergan plc Ordinary Shares for 3.15%, Bristol-Myers Squibb Company Co for 3.11%. The ETF sector weights are: Healthcare 98.17%, Industrials 1.83%. The ETF currently as 0% yield.

More notable recent iShares Dow Jones US Healthcare (ETF) (NYSEARCA:IYH) news were published by: Nasdaq.com which released: “Mid-Day ETF Update: ETFs, Stocks Rebound as Wall Street Mulls Fed Policy …” on November 09, 2016, also Benzinga.com with their article: “Another Election Year View On Healthcare ETFs” published on September 08, 2016, Etfdailynews.com published: “BlackRock: Health Care Sector Sell-Off Overdone” on October 20, 2016. More interesting news about iShares Dow Jones US Healthcare (ETF) (NYSEARCA:IYH) were released by: Investorplace.com and their article: “Trade of the Day: iShares Nasdaq Biotechnology Index (ETF) (NASDAQ:IBB)” published on April 04, 2016 as well as Benzinga.com‘s news article titled: “Are We Seeing A Sector Rotation Away From Financials And Into Healthcare?” with publication date: May 05, 2016.

IYH Company Profile

iShares Dow Jones U.S. Healthcare Sector Index Fund (the Fund) seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Healthcare Index (the Index). The Index measures the performance of the healthcare sector of the United States equity market, and includes companies in sectors, such as healthcare equipment and services, and pharmaceuticals and biotechnology.

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