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UnitedHealth Group Moves up on a No-Show Day

IHF Remains Flat on a Lackluster Day

(Continued from Prior Part)

IHF’s large-cap stock performance

The large-cap stocks of the iShares US Healthcare Providers ETF (IHF) lost 0.15% on November 25, 2015, and followed the broad market trend. IHF’s large-cap stocks underperformed IHF and the SPDR S&P 500 ETF (SPY). IHF has ten large-cap stocks, with a total weight of ~58% in the fund’s portfolio. 70% of the large-cap stocks ended in the red, and only 30% of the large-cap stocks gave positive returns. IHF’s large-cap stocks include Anthem (ANTM), DaVita HealthCare Partners (DVA), and Express Scripts (ESRX), which gave returns of -0.5%, 0.35%, and -0.45%, respectively.

The above graph reflects the performance of IHF’s large-cap stocks in comparison with IHF and SPY. So far, the large-cap stocks have underperformed both SPY and IHF in November 2015. IHF’s large-cap stocks gave a return of -2.7%, compared with IHF’s return of -0.1% and SPY’s return of 0.7%.

UnitedHealth Group moves up

UnitedHealth Group closed at $114.41, trading 3.4% below the 100-day moving average of $118.52, and very close to the 20-day moving average of $115.13. UnitedHealth has an RSI (relative strength index) of 46, indicating that the stock is neither overbought nor oversold. Trading volumes dropped drastically, with ~2.9 million shares being traded, compared with the five-day average trading volume of ~6.6 million shares per day. UnitedHealth’s trailing-12-month price-to-equity ratio stood at 18.2x. The stock’s book value is $34.75 per share, and with its current price, the stock is trading at a price-to-book value of 3.3x, against the industry average of 2.9x. UnitedHealth Group has a weight of ~12.7% in IHF’s portfolio.

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