Bank of Montreal Can Sells 385 Shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Bank of Montreal Can lessened its holdings in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 3.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,490 shares of the company’s stock after selling 385 shares during the quarter. Bank of Montreal Can owned 0.08% of iShares U.S. Healthcare Providers ETF worth $606,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. 49 Wealth Management LLC increased its position in iShares U.S. Healthcare Providers ETF by 445.7% in the first quarter. 49 Wealth Management LLC now owns 187,684 shares of the company’s stock worth $10,174,000 after buying an additional 153,291 shares during the last quarter. Meritage Portfolio Management purchased a new stake in shares of iShares U.S. Healthcare Providers ETF during the first quarter worth about $6,924,000. Osaic Holdings Inc. raised its holdings 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 worth $8,416,000 after purchasing an additional 123,359 shares in the last quarter. Cetera Investment Advisers boosted its position in 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 acquiring an additional 120,296 shares in the last quarter. Finally, Kingsview Wealth Management LLC raised its holdings in iShares U.S. Healthcare Providers ETF by 2,686.0% in the first quarter. Kingsview Wealth Management LLC now owns 118,042 shares of the company’s stock worth $6,438,000 after purchasing an additional 113,805 shares in the last quarter.

iShares U.S. Healthcare Providers ETF Stock Performance

Shares of NYSEARCA IHF opened at $54.86 on Wednesday. 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 market capitalization of $817.41 million, a price-to-earnings ratio of 4.28 and a beta of 0.47. The company has a 50 day simple moving average of $56.78 and a two-hundred day simple moving average of $54.11.

iShares U.S. Healthcare Providers ETF 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.