Sage Advisory Services Ltd.Co. Invests $4.64 Million in iShares U.S. Healthcare Providers ETF $IHF

Sage Advisory Services Ltd.Co. purchased a new stake in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 93,921 shares of the company’s stock, valued at approximately $4,639,000. iShares U.S. Healthcare Providers ETF accounts for approximately 2.4% of Sage Advisory Services Ltd.Co.’s holdings, making the stock its 17th biggest position. Sage Advisory Services Ltd.Co. owned about 0.59% of iShares U.S. Healthcare Providers ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of IHF. FDx Advisors Inc. bought a new stake in iShares U.S. Healthcare Providers ETF during the 3rd quarter valued at approximately $2,303,000. Truist Financial Corp boosted its position in shares of iShares U.S. Healthcare Providers ETF by 29.7% during the third quarter. Truist Financial Corp now owns 46,710 shares of the company’s stock valued at $2,307,000 after purchasing an additional 10,697 shares in the last quarter. Purkiss Capital Advisors LLC grew its stake in iShares U.S. Healthcare Providers ETF by 112.0% in the third quarter. Purkiss Capital Advisors LLC now owns 11,253 shares of the company’s stock worth $556,000 after purchasing an additional 5,946 shares during the period. Investment House LLC bought a new position in iShares U.S. Healthcare Providers ETF in the third quarter worth $722,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in iShares U.S. Healthcare Providers ETF during the third quarter valued at $761,000.

iShares U.S. Healthcare Providers ETF Trading Up 0.2%

Shares of IHF stock opened at $44.57 on Wednesday. The company’s fifty day moving average price is $47.94 and its 200-day moving average price is $47.78. The stock has a market cap of $719.81 million, a PE ratio of 15.41 and a beta of 0.70. iShares U.S. Healthcare Providers ETF has a 12 month low of $40.57 and a 12 month high of $54.93.

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.