Farther Finance Advisors LLC Raises Stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Farther Finance Advisors LLC grew its stake in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 8.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 11,240 shares of the company’s stock after purchasing an additional 910 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares U.S. Healthcare Providers ETF were worth $539,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CX Institutional bought a new stake in shares of iShares U.S. Healthcare Providers ETF during the fourth quarter valued at approximately $29,000. WFA of San Diego LLC raised its position in shares of iShares U.S. Healthcare Providers ETF by 49.3% during the third quarter. WFA of San Diego LLC now owns 911 shares of the company’s stock valued at $52,000 after buying an additional 301 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in shares of iShares U.S. Healthcare Providers ETF during the third quarter valued at approximately $63,000. PCG Asset Management LLC bought a new stake in shares of iShares U.S. Healthcare Providers ETF during the fourth quarter valued at approximately $222,000. Finally, Independent Advisor Alliance bought a new stake in shares of iShares U.S. Healthcare Providers ETF during the fourth quarter valued at approximately $257,000.

iShares U.S. Healthcare Providers ETF Price Performance

iShares U.S. Healthcare Providers ETF stock opened at $50.94 on Monday. The stock has a market cap of $687.69 million, a P/E ratio of 19.50 and a beta of 0.78. iShares U.S. Healthcare Providers ETF has a 1 year low of $47.21 and a 1 year high of $58.94. The firm’s 50 day moving average price is $51.25 and its 200-day moving average price is $52.91.

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.