Shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 1,177,971 shares traded hands during mid-day trading, an increase of 171% from the previous session’s volume of 434,860 shares.The stock last traded at $56.80 and had previously closed at $56.49.
iShares U.S. Healthcare Providers ETF Stock Up 2.5%
The stock has a market cap of $1.24 billion, a P/E ratio of 15.41 and a beta of 0.72. The business’s 50-day simple moving average is $54.11 and its two-hundred day simple moving average is $48.93.
Institutional Investors Weigh In On iShares U.S. Healthcare Providers ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of IHF. US Bancorp DE boosted its holdings in shares of iShares U.S. Healthcare Providers ETF by 18.8% in the third quarter. US Bancorp DE now owns 2,215 shares of the company’s stock worth $109,000 after acquiring an additional 350 shares during the period. O Shaughnessy Asset Management LLC grew its holdings in iShares U.S. Healthcare Providers ETF by 145.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 613 shares of the company’s stock valued at $29,000 after buying an additional 363 shares in the last quarter. Principal Securities Inc. increased its position in shares of iShares U.S. Healthcare Providers ETF by 3.3% during the fourth quarter. Principal Securities Inc. now owns 12,415 shares of the company’s stock valued at $595,000 after buying an additional 391 shares during the period. Dakota Wealth Management lifted its holdings in shares of iShares U.S. Healthcare Providers ETF by 12.3% in the fourth quarter. Dakota Wealth Management now owns 4,735 shares of the company’s stock worth $227,000 after buying an additional 520 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in shares of iShares U.S. Healthcare Providers ETF by 4.8% in the second quarter. Cerity Partners LLC now owns 13,699 shares of the company’s stock valued at $666,000 after acquiring an additional 632 shares during the period.
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.
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