Sather Financial Group Inc Acquires New Shares in iShares U.S. Healthcare Providers ETF $IHF

Sather Financial Group Inc purchased a new position in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 858,012 shares of the company’s stock, valued at approximately $42,377,000. iShares U.S. Healthcare Providers ETF accounts for about 2.3% of Sather Financial Group Inc’s investment portfolio, making the stock its 19th biggest holding. Sather Financial Group Inc owned 5.35% of iShares U.S. Healthcare Providers ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IHF. Harbor Asset Planning Inc. acquired a new stake in shares of iShares U.S. Healthcare Providers ETF during the second quarter worth $26,000. Bank of Montreal Can increased its holdings in iShares U.S. Healthcare Providers ETF by 132.1% during the 2nd quarter. Bank of Montreal Can now owns 615 shares of the company’s stock worth $30,000 after purchasing an additional 350 shares in the last quarter. City State Bank raised its stake in shares of iShares U.S. Healthcare Providers ETF by 47.1% in the 3rd quarter. City State Bank now owns 625 shares of the company’s stock valued at $31,000 after purchasing an additional 200 shares during the period. WFA of San Diego LLC bought a new stake in shares of iShares U.S. Healthcare Providers ETF in the second quarter valued at about $49,000. Finally, RMG Wealth Management LLC acquired a new position in shares of iShares U.S. Healthcare Providers ETF during the second quarter worth about $56,000.

iShares U.S. Healthcare Providers ETF Stock Performance

NYSEARCA:IHF opened at $50.35 on Wednesday. The stock has a 50-day simple moving average of $48.36 and a 200 day simple moving average of $47.43. iShares U.S. Healthcare Providers ETF has a 52-week low of $40.57 and a 52-week high of $54.93. The company has a market cap of $780.43 million, a PE ratio of 15.41 and a beta of 0.70.

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.