IYH Stock Summary and Trading Ideas (iShares U.S. Healthcare ETF | ARCA:IYH)

The iShares U.S. Healthcare ETF seeks to track the investment results of an index composed of U.S. equities in the healthcare sector. IYH changed its index from the Dow Jones U.S. Health Care Index to the Russell 1000 Health Care RIC 22.5/45 Capped Index.

iShares U.S. Healthcare ETF trades on the ARCA stock market under the symbol IYH.

As of April 16, 2024, IYH stock price climbed to $58.33 with 80,788 million shares trading.

IYH has a beta of 0.66, meaning it tends to be less sensitive to market movements. IYH has a correlation of 0.40 to the broad based SPY ETF.

IYH has a market cap of $3.23 billion. This is considered a Mid Cap stock.

In the last 3 years, IYH stock traded as high as $62.18 and as low as $49.48.

IYH has underperformed the market in the last year with a price return of +4.1% while the SPY ETF gained +23.9%. IYH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.7% and -5.0%, respectively, while the SPY returned +6.2% and -3.4%, respectively.

IYH support price is $57.73 and resistance is $58.67 (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 IYH stock will trade within this expected range on the day.