Truist Financial Corp Cuts Stock Holdings in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Truist Financial Corp cut its stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,005 shares of the company’s stock after selling 419 shares during the period. Truist Financial Corp owned about 0.27% of iShares U.S. Healthcare Providers ETF worth $1,920,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of IHF. Kingsview Wealth Management LLC grew its holdings in iShares U.S. Healthcare Providers ETF by 95.7% during the 4th quarter. Kingsview Wealth Management LLC now owns 228,913 shares of the company’s stock worth $10,986,000 after acquiring an additional 111,940 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of iShares U.S. Healthcare Providers ETF by 5,132.9% during the 3rd quarter. International Assets Investment Management LLC now owns 56,254 shares of the company’s stock worth $3,213,000 after purchasing an additional 55,179 shares during the last quarter. BNP Paribas Financial Markets acquired a new position in shares of iShares U.S. Healthcare Providers ETF during the third quarter worth $2,856,000. Fifth Third Securities Inc. purchased a new position in iShares U.S. Healthcare Providers ETF in the fourth quarter valued at $497,000. Finally, Farther Finance Advisors LLC purchased a new stake in iShares U.S. Healthcare Providers ETF during the third quarter worth approximately $590,000.

iShares U.S. Healthcare Providers ETF Price Performance

NYSEARCA IHF opened at $50.35 on Thursday. The company has a market capitalization of $750.22 million, a PE ratio of 4.28 and a beta of 0.47. iShares U.S. Healthcare Providers ETF has a 1 year low of $47.21 and a 1 year high of $58.94. The company has a fifty day moving average of $50.61 and a two-hundred day moving average of $53.43.

About iShares U.S. Healthcare Providers ETF

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.