Overview
Description
The iShares S&P Health Care Index Fund is an exchange-traded fund that provides investors with focused exposure to the U.S. health care sector. Managed by BlackRock, the fund is designed to mirror the performance of the S&P 500 Health Care Index by investing in a basket of large-cap U.S. companies engaged in various health care segments. Its portfolio includes firms involved in pharmaceuticals, biotechnology, health care equipment and supplies, health care services, and operators of health facilities. Notably, the fund holds major industry leaders such as Eli Lilly and Company, Johnson & Johnson, UnitedHealth Group, and Abbott Laboratories, giving it a diverse stake in both innovative medical research and essential health services. With an inception date in 2015 and a significant asset base, this fund aims to reflect the growth and stability typically associated with the health care sector, which is often driven by demographic trends, medical advancements, and consistent demand for health-related products and services. By tracking a sector-specific index, the iShares S&P Health Care Index Fund serves as a targeted tool for investors seeking to participate in the broader evolution and resilience of the American health care industry.
About
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Employees
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Address
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Website
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Instrument type
Common stock
Sector
Industry
Country
United States
MIC code
PINX