Northland Securities Inc. Makes New Investment in iShares U.S. Healthcare Providers ETF $IHF

Northland Securities Inc. bought a new position in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,941 shares of the company’s stock, valued at approximately $572,000.

A number of other hedge funds also recently bought and sold shares of the stock. City State Bank lifted its holdings in shares of iShares U.S. Healthcare Providers ETF by 47.1% during the 3rd quarter. City State Bank now owns 625 shares of the company’s stock valued at $31,000 after purchasing an additional 200 shares during the last quarter. Brentview Investment Management LLC purchased a new position in iShares U.S. Healthcare Providers ETF in the 3rd quarter worth $49,000. WFA of San Diego LLC purchased a new position in iShares U.S. Healthcare Providers ETF in the 2nd quarter worth $49,000. Smartleaf Asset Management LLC purchased a new position in iShares U.S. Healthcare Providers ETF in the 2nd quarter worth $58,000. Finally, US Bancorp DE raised its stake in iShares U.S. Healthcare Providers ETF by 18.8% in the 3rd 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 last quarter.

iShares U.S. Healthcare Providers ETF Price Performance

Shares of IHF stock opened at $44.00 on Monday. The firm has a market capitalization of $719.40 million, a price-to-earnings ratio of 15.41 and a beta of 0.67. The business has a fifty day moving average of $44.32 and a 200 day moving average of $47.30. iShares U.S. Healthcare Providers ETF has a 1 year low of $40.57 and a 1 year high of $54.93.

iShares U.S. Healthcare Providers ETF 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.