iShares U.S. Healthcare Providers ETF $IHF Shares Sold by Phoenix Financial Ltd.

Phoenix Financial Ltd. lessened its stake in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 2.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,004,933 shares of the company’s stock after selling 20,420 shares during the quarter. Phoenix Financial Ltd. owned about 4.11% of iShares U.S. Healthcare Providers ETF worth $55,161,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. TOP Private Wealth LLC. acquired a new position in shares of iShares U.S. Healthcare Providers ETF in the second quarter worth $41,000. Mondrian Investment Partners LTD acquired a new stake in shares of iShares U.S. Healthcare Providers ETF during the third quarter valued at $44,000. Western Wealth Management LLC purchased a new stake in iShares U.S. Healthcare Providers ETF during the 1st quarter worth about $46,000. 10Elms LLP increased its position in iShares U.S. Healthcare Providers ETF by 115.2% during the 3rd quarter. 10Elms LLP now owns 2,152 shares of the company’s stock worth $118,000 after purchasing an additional 1,152 shares in the last quarter. Finally, RMG Wealth Management LLC purchased a new stake in iShares U.S. Healthcare Providers ETF during the 1st quarter worth about $49,000.

iShares U.S. Healthcare Providers ETF Stock Performance

IHF stock traded up $0.01 during trading on Friday, hitting $60.41. The stock had a trading volume of 472,219 shares, compared to its average volume of 554,775. The stock has a market cap of $1.56 billion, a price-to-earnings ratio of 18.81 and a beta of 0.68. The company’s 50 day moving average price is $57.82 and its two-hundred day moving average price is $52.19. iShares U.S. Healthcare Providers ETF has a 1-year low of $40.85 and a 1-year high of $61.57.

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.