iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Short Interest Update

iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 276,402 shares, a decrease of 41.5% from the July 30th total of 472,446 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average trading volume of 535,854 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On iShares U.S. Healthcare Providers ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sather Financial Group Inc increased its position in shares of iShares U.S. Healthcare Providers ETF by 11.9% during the 1st quarter. Sather Financial Group Inc now owns 1,017,415 shares of the company’s stock valued at $42,579,000 after purchasing an additional 108,457 shares during the period. Royal Bank of Canada lifted its holdings in shares of iShares U.S. Healthcare Providers ETF by 15.8% in the first quarter. Royal Bank of Canada now owns 574,425 shares of the company’s stock valued at $24,040,000 after buying an additional 78,235 shares during the period. BNP Paribas Financial Markets acquired a new stake in shares of iShares U.S. Healthcare Providers ETF in the third quarter valued at $24,695,000. Element Pointe Advisors LLC boosted its stake in iShares U.S. Healthcare Providers ETF by 9.6% during the first quarter. Element Pointe Advisors LLC now owns 444,622 shares of the company’s stock valued at $18,607,000 after buying an additional 38,996 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in iShares U.S. Healthcare Providers ETF by 9.2% during the first quarter. Bank of America Corp DE now owns 389,123 shares of the company’s stock valued at $16,285,000 after buying an additional 32,889 shares in the last quarter.

iShares U.S. Healthcare Providers ETF Price Performance

Shares of iShares U.S. Healthcare Providers ETF stock traded up $0.01 on Monday, hitting $56.86. The company had a trading volume of 297,000 shares, compared to its average volume of 447,985. iShares U.S. Healthcare Providers ETF has a 52 week low of $40.85 and a 52 week high of $58.30. The company has a market cap of $1.27 billion, a PE ratio of 15.41 and a beta of 0.72. The business has a 50-day simple moving average of $56.52 and a 200-day simple moving average of $50.41.

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.