iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF – Get Free Report) shares saw strong trading volume on Thursday. Approximately 1,559,626 shares traded hands during trading, an increase of 194% from the average daily volume of 530,615 shares. The stock last traded at $59.6090 and had previously closed at $60.56.
iShares U.S. Healthcare Providers ETF Trading Down 0.4%
The company has a 50 day moving average of $57.52 and a 200-day moving average of $51.90. The firm has a market capitalization of $1.45 billion, a P/E ratio of 15.41 and a beta of 0.68.
Hedge Funds Weigh In On iShares U.S. Healthcare Providers ETF
Institutional investors and hedge funds have recently modified their holdings of the business. 10Elms LLP raised its stake in iShares U.S. Healthcare Providers ETF by 115.2% in the 3rd quarter. 10Elms LLP now owns 2,152 shares of the company’s stock worth $118,000 after purchasing an additional 1,152 shares in the last quarter. Financial Freedom LLC bought a new position in shares of iShares U.S. Healthcare Providers ETF during the third quarter worth approximately $139,000. Fifth Third Bancorp increased its holdings in shares of iShares U.S. Healthcare Providers ETF by 110.2% during the third quarter. Fifth Third Bancorp now owns 8,321 shares of the company’s stock worth $457,000 after purchasing an additional 4,363 shares during the period. Leuthold Group LLC acquired a new stake in shares of iShares U.S. Healthcare Providers ETF in the third quarter valued at approximately $1,921,000. Finally, Kestra Advisory Services LLC raised its position in shares of iShares U.S. Healthcare Providers ETF by 11.5% in the third quarter. Kestra Advisory Services LLC now owns 31,186 shares of the company’s stock valued at $1,712,000 after buying an additional 3,205 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.
Featured Stories
- Five stocks we like better than iShares U.S. Healthcare Providers ETF
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
Receive News & Ratings for iShares U.S. Healthcare Providers ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Healthcare Providers ETF and related companies with MarketBeat.com's FREE daily email newsletter.
