IHE Stock Summary and Trading Ideas (iShares US Pharmaceuticals ETF | ARCA:IHE)

The iShares Dow Jones U.S. Pharmaceuticals Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Pharmaceuticals Index.

iShares US Pharmaceuticals ETF trades on the ARCA stock market under the symbol IHE.

As of April 15, 2024, IHE stock price declined to $63.57 with 24,153 million shares trading.

IHE has a beta of 0.55, meaning it tends to be less sensitive to market movements. IHE has a correlation of 0.19 to the broad based SPY ETF.

IHE has a market cap of $657.95 million. This is considered a Small Cap stock.

In the last 3 years, IHE stock traded as high as $69.56 and as low as $55.36.

IHE has underperformed the market in the last year with a price return of +6.7% while the SPY ETF gained +23.9%. IHE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.3% and -5.3%, respectively, while the SPY returned +6.2% and -3.4%, respectively.

IHE support price is $63.11 and resistance is $64.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IHE stock will trade within this expected range on the day.