Raymond James Financial Inc. Invests $4.83 Million in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Raymond James Financial Inc. purchased a new position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 100,729 shares of the company’s stock, valued at approximately $4,834,000. Raymond James Financial Inc. owned about 0.68% of iShares U.S. Healthcare Providers ETF at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. CX Institutional purchased a new stake in shares of iShares U.S. Healthcare Providers ETF during the fourth quarter valued at $29,000. WFA of San Diego LLC raised its position in iShares U.S. Healthcare Providers ETF by 49.3% in the 3rd quarter. WFA of San Diego LLC now owns 911 shares of the company’s stock worth $52,000 after buying an additional 301 shares during the last quarter. Brown Brothers Harriman & Co. bought a new position in iShares U.S. Healthcare Providers ETF during the 3rd quarter valued at about $63,000. PCG Asset Management LLC purchased a new stake in shares of iShares U.S. Healthcare Providers ETF during the 4th quarter valued at about $222,000. Finally, Centaurus Financial Inc. bought a new stake in shares of iShares U.S. Healthcare Providers ETF in the third quarter worth approximately $266,000.

iShares U.S. Healthcare Providers ETF Trading Down 0.5 %

Shares of IHF stock opened at $52.33 on Wednesday. iShares U.S. Healthcare Providers ETF has a 12-month low of $47.21 and a 12-month high of $58.94. The stock has a market capitalization of $703.84 million, a P/E ratio of 19.92 and a beta of 0.78. The firm’s 50 day moving average is $51.61 and its 200 day moving average is $52.62.

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.