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Security Profile
- Security Type
- Index ETF
- CUSIP
- 464288828
- Market Cap
- Small Cap · $386 Million
- IPO
- 5/1/2006
- Previous Name
- iShares Dow Jones U.S. Healthcare Providers Index Fund
Fund Description: iShares U.S. Healthcare Providers ETF, formerly iShares Dow Jones U.S. Health Care Providers Index Fund, is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the iShares Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The iShares U.S. Healthcare Providers ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Select Health Care Providers Index. INDEX DESCRIPTION: The Dow Jones U.S. Select Health Care Providers Index is a subset of the Dow Jones U.S. Health Care Equipment and Services Index. The Index is a free-float adjusted market capitalization-weighted index. The Index measures the performance of the health care providers sub-sector of the U.S. equity market. The Index includes companies that are health care providers such as owners and operators of health maintenance organizations, hospitals, clinics, dentists, opticians, nursing homes, rehabilitation and retirement centers. FUND STRATEGY: The Fund uses a passive or indexing approach to try to achieve the Fund’s investment objective. The Fund does not try to beat the Index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued. The Fund will invest at least 90% of its assets in the securities of its Index. The Fund may invest the remainder of its assets in securities not included in its Index, but which the Advisor believes will help the Fund track its Index. The Fund also may invest its other assets in futures contracts, options on futures contracts, options, and swaps related to its Index, as well as cash and cash equivalents, including shares of money market funds affiliated with the Advisor. The Fund will concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated. FUND MANAGEMENT: BlackRock Fund Advisers (BFA) serves as the investment adviser to the Fund.
Company Contact
- Headquarters
- 400 Howard Street, San Francisco, CA 94105
- Phone
- 415-670-2000 · Toll-Free 800-474-2737
- Investor Relations
- 800-474-2737 · isharesetfs@blackrock.com