PNC Financial Services Group Inc. Sells 3,900 Shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

PNC Financial Services Group Inc. lowered its position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 78.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,040 shares of the company’s stock after selling 3,900 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares U.S. Healthcare Providers ETF were worth $50,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Kingsview Wealth Management LLC increased its holdings in iShares U.S. Healthcare Providers ETF by 95.7% in the fourth quarter. Kingsview Wealth Management LLC now owns 228,913 shares of the company’s stock valued at $10,986,000 after purchasing an additional 111,940 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Healthcare Providers ETF in the 4th quarter valued at about $4,834,000. Mason & Associates Inc raised its position in shares of iShares U.S. Healthcare Providers ETF by 5.5% in the 4th quarter. Mason & Associates Inc now owns 51,232 shares of the company’s stock valued at $2,459,000 after acquiring an additional 2,654 shares during the period. BNP Paribas Financial Markets bought a new position in iShares U.S. Healthcare Providers ETF during the 3rd quarter worth approximately $2,856,000. Finally, Trust Co. of Toledo NA OH grew its holdings in iShares U.S. Healthcare Providers ETF by 2.5% during the fourth quarter. Trust Co. of Toledo NA OH now owns 26,584 shares of the company’s stock valued at $1,276,000 after purchasing an additional 638 shares during the period.

iShares U.S. Healthcare Providers ETF Stock Performance

Shares of NYSEARCA:IHF opened at $52.55 on Thursday. The company has a 50 day moving average price of $51.65 and a two-hundred day moving average price of $52.62. The company has a market capitalization of $706.80 million, a PE ratio of 19.92 and a beta of 0.78. iShares U.S. Healthcare Providers ETF has a 52 week low of $47.21 and a 52 week high of $58.94.

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.