iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF – Get Free Report) shares saw strong trading volume on Tuesday . 1,794,884 shares were traded during mid-day trading, an increase of 284% from the previous session’s volume of 467,971 shares.The stock last traded at $57.22 and had previously closed at $57.62.
iShares U.S. Healthcare Providers ETF Trading Up 0.1%
The stock has a market cap of $1.26 billion, a PE ratio of 15.41 and a beta of 0.72. The company has a fifty day moving average of $56.91 and a 200-day moving average of $51.46.
Hedge Funds Weigh In On iShares U.S. Healthcare Providers ETF
Several institutional investors have recently bought and sold shares of the company. Sather Financial Group Inc lifted its position in shares of iShares U.S. Healthcare Providers ETF by 11.9% during the first quarter. Sather Financial Group Inc now owns 1,017,415 shares of the company’s stock worth $42,579,000 after purchasing an additional 108,457 shares in the last quarter. Royal Bank of Canada increased its stake in iShares U.S. Healthcare Providers ETF by 15.8% during the 1st quarter. Royal Bank of Canada now owns 574,425 shares of the company’s stock worth $24,040,000 after buying an additional 78,235 shares during the period. Element Pointe Advisors LLC lifted its holdings in iShares U.S. Healthcare Providers ETF by 9.6% during the 1st quarter. Element Pointe Advisors LLC now owns 444,622 shares of the company’s stock worth $18,607,000 after buying an additional 38,996 shares in the last quarter. Bank of America Corp DE boosted its position in iShares U.S. Healthcare Providers ETF by 9.2% in the 1st 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 during the period. Finally, Tidal Investments LLC purchased a new position in iShares U.S. Healthcare Providers ETF in the 2nd quarter valued at approximately $20,916,000.
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.
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