Leuthold Group LLC Increases Stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Leuthold Group LLC grew its stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 0.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,942 shares of the company’s stock after purchasing an additional 497 shares during the period. Leuthold Group LLC owned about 0.38% of iShares U.S. Healthcare Providers ETF worth $2,985,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in IHF. 49 Wealth Management LLC grew its position 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 acquiring an additional 153,291 shares during the period. Meritage Portfolio Management purchased a new stake in shares of iShares U.S. Healthcare Providers ETF in the first quarter valued at approximately $6,924,000. Osaic Holdings Inc. raised its stake in shares of iShares U.S. Healthcare Providers ETF by 398.6% during the 1st quarter. Osaic Holdings Inc. now owns 154,308 shares of the company’s stock worth $8,416,000 after buying an additional 123,359 shares during the period. Cetera Investment Advisers lifted its position in shares of iShares U.S. Healthcare Providers ETF by 2,269.3% during 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 in the last quarter. Finally, Kingsview Wealth Management LLC grew its stake 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 acquiring an additional 113,805 shares during the period.

iShares U.S. Healthcare Providers ETF Stock Performance

NYSEARCA:IHF opened at $57.63 on Thursday. The stock has a market capitalization of $858.69 million, a PE ratio of 4.28 and a beta of 0.47. iShares U.S. Healthcare Providers ETF has a fifty-two week low of $48.58 and a fifty-two week high of $58.94. The company has a fifty day moving average of $56.26 and a two-hundred day moving average of $53.83.

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.