iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Sees Strong Trading Volume

Shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) saw unusually-strong trading volume on Tuesday . Approximately 308,488 shares changed hands during mid-day trading, an increase of 223% from the previous session’s volume of 95,452 shares.The stock last traded at $51.87 and had previously closed at $52.06.

iShares U.S. Healthcare Providers ETF Trading Down 0.4 %

The business has a 50 day moving average of $52.86 and a two-hundred day moving average of $52.04. The firm has a market cap of $806.11 million, a P/E ratio of 4.24 and a beta of 0.52.

Institutional Investors Weigh In On iShares U.S. Healthcare Providers ETF

Large investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC raised its stake in iShares U.S. Healthcare Providers ETF by 251.7% in the 3rd quarter. Tower Research Capital LLC TRC now owns 7,780 shares of the company’s stock valued at $1,915,000 after acquiring an additional 5,568 shares during the period. Mariner LLC grew its holdings in iShares U.S. Healthcare Providers ETF by 0.8% in the 3rd quarter. Mariner LLC now owns 9,000 shares of the company’s stock valued at $2,215,000 after buying an additional 70 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares U.S. Healthcare Providers ETF by 0.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 56,410 shares of the company’s stock valued at $13,882,000 after buying an additional 481 shares in the last quarter. Provence Wealth Management Group acquired a new position in iShares U.S. Healthcare Providers ETF in the 3rd quarter valued at $44,000. Finally, UBS Group AG grew its holdings in iShares U.S. Healthcare Providers ETF by 9.5% in the 3rd quarter. UBS Group AG now owns 77,218 shares of the company’s stock valued at $19,003,000 after buying an additional 6,718 shares in the last quarter.

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.