iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Sees Unusually-High Trading Volume

iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) shares saw strong trading volume on Friday . 40,486 shares changed hands during mid-day trading, a decline of 55% from the previous session’s volume of 89,690 shares.The stock last traded at $52.43 and had previously closed at $52.10.

iShares U.S. Healthcare Providers ETF Stock Up 0.6 %

The stock has a market cap of $781.06 million, a P/E ratio of 4.28 and a beta of 0.47. The stock has a fifty day simple moving average of $52.46 and a 200-day simple moving average of $52.66.

Hedge Funds Weigh In On iShares U.S. Healthcare Providers ETF

Several institutional investors have recently modified their holdings of IHF. 49 Wealth Management LLC lifted its holdings in shares of iShares U.S. Healthcare Providers ETF by 445.7% during the 1st quarter. 49 Wealth Management LLC now owns 187,684 shares of the company’s stock valued at $10,174,000 after purchasing an additional 153,291 shares in the last quarter. Meritage Portfolio Management acquired a new stake in iShares U.S. Healthcare Providers ETF in the 1st quarter valued at approximately $6,924,000. Osaic Holdings Inc. raised its position in iShares U.S. Healthcare Providers ETF by 398.6% in the 1st quarter. Osaic Holdings Inc. now owns 154,308 shares of the company’s stock valued at $8,416,000 after buying an additional 123,359 shares during the last quarter. Cetera Investment Advisers raised its position in iShares U.S. Healthcare Providers ETF by 2,269.3% in the 1st quarter. Cetera Investment Advisers now owns 125,597 shares of the company’s stock valued at $6,850,000 after buying an additional 120,296 shares during the last quarter. Finally, Kingsview Wealth Management LLC raised its position in iShares U.S. Healthcare Providers ETF by 2,686.0% in the 1st quarter. Kingsview Wealth Management LLC now owns 118,042 shares of the company’s stock valued at $6,438,000 after buying an additional 113,805 shares during the last quarter.

iShares U.S. Healthcare Providers ETF Company Profile

The iShares U.S. Healthcare Providers ETF (IHF) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a cap-weighted index of US companies that provide healthcare services. IHF was launched on May 1, 2006 and is managed by BlackRock.