49 Wealth Management LLC Sells 6,301 Shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

49 Wealth Management LLC lowered its stake in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 21.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 23,374 shares of the company’s stock after selling 6,301 shares during the quarter. 49 Wealth Management LLC’s holdings in iShares U.S. Healthcare Providers ETF were worth $1,335,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of IHF. Wealth Enhancement Advisory Services LLC bought a new position in shares of iShares U.S. Healthcare Providers ETF during the third quarter valued at approximately $202,000. Harbour Investments Inc. increased its stake in iShares U.S. Healthcare Providers ETF by 10.7% in the second quarter. Harbour Investments Inc. now owns 8,204 shares of the company’s stock worth $430,000 after purchasing an additional 794 shares during the period. Leuthold Group LLC lifted its position in shares of iShares U.S. Healthcare Providers ETF by 0.9% during the second quarter. Leuthold Group LLC now owns 56,942 shares of the company’s stock worth $2,985,000 after purchasing an additional 497 shares during the last quarter. Cape Investment Advisory Inc. increased its stake in iShares U.S. Healthcare Providers ETF by 400.0% in the 1st quarter. Cape Investment Advisory Inc. now owns 715 shares of the company’s stock worth $39,000 after buying an additional 572 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of iShares U.S. Healthcare Providers ETF by 2,269.3% during the first quarter. Cetera Investment Advisers now owns 125,597 shares of the company’s stock worth $6,850,000 after acquiring an additional 120,296 shares during the period.

iShares U.S. Healthcare Providers ETF Stock Up 0.8 %

Shares of NYSEARCA:IHF opened at $53.42 on Friday. The business’s 50 day moving average is $54.83 and its 200 day moving average is $54.44. The stock has a market cap of $795.96 million, a P/E ratio of 4.28 and a beta of 0.47. iShares U.S. Healthcare Providers ETF has a 52-week low of $49.90 and a 52-week high of $58.94.

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.