Private Advisor Group LLC Decreases Stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Private Advisor Group LLC lowered its position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 51.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 6,538 shares of the company’s stock after selling 6,817 shares during the quarter. Private Advisor Group LLC’s holdings in iShares U.S. Healthcare Providers ETF were worth $373,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Cape Investment Advisory Inc. increased its holdings in iShares U.S. Healthcare Providers ETF by 400.0% in the 1st quarter. Cape Investment Advisory Inc. now owns 715 shares of the company’s stock worth $39,000 after acquiring an additional 572 shares during the last quarter. Concourse Financial Group Securities Inc. boosted its stake in iShares U.S. Healthcare Providers ETF by 336.4% in the first quarter. Concourse Financial Group Securities Inc. now owns 864 shares of the company’s stock worth $47,000 after buying an additional 666 shares in the last quarter. Financial Gravity Asset Management Inc. boosted its stake in iShares U.S. Healthcare Providers ETF by 2,953.3% in the second quarter. Financial Gravity Asset Management Inc. now owns 916 shares of the company’s stock worth $48,000 after buying an additional 886 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in iShares U.S. Healthcare Providers ETF in the second quarter worth approximately $56,000. Finally, GPS Wealth Strategies Group LLC purchased a new stake in iShares U.S. Healthcare Providers ETF in the second quarter worth approximately $65,000.

iShares U.S. Healthcare Providers ETF Stock Performance

NYSEARCA:IHF opened at $52.89 on Wednesday. The business has a 50 day moving average price of $55.91 and a 200-day moving average price of $54.32. iShares U.S. Healthcare Providers ETF has a fifty-two week low of $49.02 and a fifty-two week high of $58.94. The firm has a market cap of $788.06 million, a PE ratio of 4.28 and a beta of 0.47.

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.