Sowell Financial Services LLC Purchases 20,306 Shares of iShares U.S. Healthcare Providers ETF $IHF
by Amy Steele · The Cerbat GemSowell Financial Services LLC acquired a new stake in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF – Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 20,306 shares of the company’s stock, valued at approximately $1,115,000. Sowell Financial Services LLC owned 0.09% of iShares U.S. Healthcare Providers ETF at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in IHF. Tidal Investments LLC purchased a new stake in shares of iShares U.S. Healthcare Providers ETF in the 2nd quarter worth about $20,916,000. Envestnet Asset Management Inc. increased its position in shares of iShares U.S. Healthcare Providers ETF by 103.2% during the second quarter. Envestnet Asset Management Inc. now owns 333,171 shares of the company’s stock valued at $18,434,000 after buying an additional 169,222 shares during the period. Sather Financial Group Inc increased 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 valued at $42,579,000 after buying an additional 108,457 shares during the period. Quantitative Investment Management LLC bought a new position in iShares U.S. Healthcare Providers ETF in the second quarter worth about $4,628,000. Finally, Royal Bank of Canada raised its stake in 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 worth $24,040,000 after buying an additional 78,235 shares in the last quarter.
iShares U.S. Healthcare Providers ETF Price Performance
Shares of IHF opened at $59.94 on Friday. iShares U.S. Healthcare Providers ETF has a one year low of $40.85 and a one year high of $60.97. The company has a 50-day simple moving average of $57.28 and a two-hundred day simple moving average of $51.64. The firm has a market capitalization of $1.46 billion, a PE ratio of 15.41 and a beta of 0.72.
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.
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