IHF’s large-cap stocks gave positive returns
The large-cap stocks of the iShares US Healthcare Providers ETF (IHF) rose marginally with a return of 0.35%. They outperformed IHF and the SPDR S&P 500 ETF (SPY). They had returns of 0.05% and -0.65% on December 8, 2015. IHF has ten large-cap stocks in its portfolio. Out of the ten large-cap stocks, six stocks gave positive returns and four stocks gave negative returns. The large-cap stocks account for ~58% of IHF’s portfolio. IHF’s large-cap stocks include stocks like Aetna (AET), Cigna (CI), and Anthem (ANTM). They had returns of 0.3%, -0.35%, and -0.9%, respectively.
The above graph shows the performance of IHF’s large-cap stocks compared to IHF and SPY. Since the beginning of December, IHF large-cap stocks outperformed SPY and IHF. IHF large-caps had a return of 0.95%—compared to IHF’s return -0.35% and SPY’s return of -0.8% for the same period.
Universal Health Services led the large-cap stocks
Universal Health Services (UHS) rose by 2.7% on December 8, 2015. UHS closed at $120.28. It was trading 8.4% lower than the 100-day moving average price of $131.27. It was trading 1% lower than the 20-day moving average price of $121.65. The stock gave a return of 12.1% YTD (year-to-date) compared to SPY’s YTD return of 0.7%. The stock also witnessed a rise in the trading volumes. Approximately 714,000 shares were traded compared to the five-day average trading volume of ~650,000 shares per day.
Universal Health Services has an RSI (Relative Strength Index) of 47. This indicates that the stock isn’t overbought or oversold. Universal Health Services’ trailing-12-month PE (price-to-earnings) ratio stood at 17.9x. It has a book value of $41.97 per share. With its current value, the stock is trading at a PBV (price-to-book value) ratio of 2.87x. Universal Health Services has a weight of ~3% in IHF’s portfolio.