Warren Buffett is helping revive shares of beleaguered UnitedHealthcare Group after taking a $1.6 billion stake in the company, according to filings with the Securities and Exchange Commission.

UnitedHealth shares clocked the largest one-day percent increase since March 2020, as tracked by Dow Jones Market Data Group. For the week, shares rose over 21%, the best week since May 2009. Still, the stock is down more than 50% over the past 12 months.

Investors, taking a cue from Buffett’s interest in healthcare, also piled into Vanguard Health Care Index Fund ETF Shares and The Health Care Select Sector SPDR Fund.

.Ticker Security Last Change Change % VHT VANGUARD WORLD FUND VANGUARD HEALTH CARE ETF 252.54 +3.93 +1.58% XLV HEALTH CARE SELECT SECTOR SPDR ETF 136.21 +2.25 +1.68%

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