Looking for broad exposure to the Healthcare - Broad segment of the equity market? You should consider the iShares U.S. Healthcare ETF (IYH), a passively managed exchange traded fund launched on June 12, 2000.
Looking for broad exposure to the Healthcare - Broad segment of the equity market? You should consider the iShares U.S. Healthcare ETF (IYH), a passively managed exchange traded fund launched on June 12, 2000.
Launched on June 12, 2000, the iShares U.S. Healthcare ETF (IYH) is a passively managed exchange traded fund designed to provide a broad exposure to the Healthcare - Broad segment of the equity market.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 7,890 | $479,883.33 | $539,202.6 | $59,319.27 | 12.36% |
Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 585 | $33,789.6 | $39,978.9 | $6,189.3 | 18.32% |
Curtis Ellergodt Rothschild Investment LLC | 150 | $8,587.05 | $10,386 | $1,798.95 | 20.95% |
Tom McDonald Richards, MERRILL & PETERSON Inc. | 77 | $4,487 | $5,262.18 | $775.18 | 17.28% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 322,764 | $21.63M | $22.59M | $965,036.99 | 4.46% |
| ARCA Exchange | US Country |
The described company operates as an investment fund that focuses on the healthcare sector of the U.S. equity market. This fund commits at least 80% of its assets to investments that either are the component securities of its underlying index or possess economic characteristics substantially identical to those securities. The purpose of the fund is to mirror the performance of the healthcare sector, making it a specialized, yet non-diversified investment option. Given its non-diversified status, the fund may invest more heavily in fewer securities than diversified funds, potentially increasing the risk and reward from those investments.
The company's main products and services revolve around investment in the healthcare sector, aiming to provide its investors with exposure to healthcare-related equity assets in the U.S. market. Below are the details of its offerings:
The fund dedicates at least 80% of its assets to investing directly in the component securities of its underlying index. This approach seeks to ensure that the fund's performance closely tracks the performance of the healthcare sector as defined by the underlying index. By directly investing in the securities that constitute the index, the fund aims to replicate the index's returns.
In addition to direct investments in component securities, the fund also invests in financial instruments that have economic characteristics that are substantially identical to those of the index's components. This could include derivative products, other healthcare-focused funds, and possibly individual stocks that mirror the performance of the index components but are not themselves part of the index. This strategy allows the fund to maintain flexibility in its investment approach while still focusing on its core objective of tracking the healthcare sector.