Grimes & Company Inc. Sells 1,624 Shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Grimes & Company Inc. lowered its stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 19.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,631 shares of the company’s stock after selling 1,624 shares during the quarter. Grimes & Company Inc.’s holdings in iShares U.S. Healthcare Providers ETF were worth $350,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Bensler LLC increased its position in shares of iShares U.S. Healthcare Providers ETF by 59.4% during the 1st quarter. Bensler LLC now owns 10,060 shares of the company’s stock valued at $531,000 after purchasing an additional 3,750 shares during the last quarter. GPS Wealth Strategies Group LLC grew its position in shares of iShares U.S. Healthcare Providers ETF by 75.3% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 3,083 shares of the company’s stock valued at $163,000 after acquiring an additional 1,324 shares during the period. CX Institutional increased its stake in shares of iShares U.S. Healthcare Providers ETF by 1,413.3% in the 1st quarter. CX Institutional now owns 9,080 shares of the company’s stock worth $479,000 after purchasing an additional 8,480 shares in the last quarter. NBC Securities Inc. raised its holdings in iShares U.S. Healthcare Providers ETF by 112,280.0% in the 1st quarter. NBC Securities Inc. now owns 5,619 shares of the company’s stock worth $296,000 after purchasing an additional 5,614 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in iShares U.S. Healthcare Providers ETF by 126.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,982 shares of the company’s stock valued at $383,000 after purchasing an additional 4,452 shares in the last quarter.

iShares U.S. Healthcare Providers ETF Stock Performance

NYSEARCA:IHF opened at $47.58 on Wednesday. The stock has a 50-day simple moving average of $49.09 and a two-hundred day simple moving average of $50.42. The firm has a market capitalization of $658.98 million, a PE ratio of 19.54 and a beta of 0.69. iShares U.S. Healthcare Providers ETF has a 52-week low of $44.62 and a 52-week high of $58.94.

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.