iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Position Lessened by Advisory Services Network LLC

Advisory Services Network LLC reduced its stake in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 4.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,774 shares of the company’s stock after selling 493 shares during the quarter. Advisory Services Network LLC’s holdings in iShares U.S. Healthcare Providers ETF were worth $469,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in 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. Runnymede Capital Advisors Inc. bought a new stake in iShares U.S. Healthcare Providers ETF during the 4th quarter valued at $39,000. PCG Asset Management LLC bought a new stake in iShares U.S. Healthcare Providers ETF during the 4th quarter valued at $222,000. Independent Advisor Alliance acquired a new position in iShares U.S. Healthcare Providers ETF during the 4th quarter worth $257,000. Finally, Cerity Partners LLC grew its stake in shares of iShares U.S. Healthcare Providers ETF by 32.9% in the fourth quarter. Cerity Partners LLC now owns 7,919 shares of the company’s stock worth $380,000 after purchasing an additional 1,959 shares in the last quarter.

iShares U.S. Healthcare Providers ETF Stock Down 0.6 %

Shares of NYSEARCA IHF opened at $53.79 on Thursday. The stock has a market cap of $683.13 million, a P/E ratio of 20.39 and a beta of 0.77. The firm’s 50-day simple moving average is $52.06 and its 200 day simple moving average is $52.19. iShares U.S. Healthcare Providers ETF has a fifty-two week low of $47.21 and a fifty-two week high of $58.94.

iShares U.S. Healthcare Providers ETF Company 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.