Wharton Business Group LLC Decreases Stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Wharton Business Group LLC cut its holdings in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 0.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 335,030 shares of the company’s stock after selling 520 shares during the quarter. Wharton Business Group LLC’s holdings in iShares U.S. Healthcare Providers ETF were worth $16,078,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC bought a new position in iShares U.S. Healthcare Providers ETF during the third quarter worth about $202,000. Brown Brothers Harriman & Co. bought a new position in iShares U.S. Healthcare Providers ETF during the third quarter worth about $63,000. Commerce Bank boosted its position in iShares U.S. Healthcare Providers ETF by 4.9% during the third quarter. Commerce Bank now owns 5,380 shares of the company’s stock worth $307,000 after purchasing an additional 250 shares during the period. Creative Planning boosted its position in iShares U.S. Healthcare Providers ETF by 9.1% during the third quarter. Creative Planning now owns 31,867 shares of the company’s stock worth $1,820,000 after purchasing an additional 2,671 shares during the period. Finally, Mason & Associates Inc boosted its position in iShares U.S. Healthcare Providers ETF by 5.5% during the fourth quarter. Mason & Associates Inc now owns 51,232 shares of the company’s stock worth $2,459,000 after purchasing an additional 2,654 shares during the period.

iShares U.S. Healthcare Providers ETF Stock Down 3.5 %

Shares of NYSEARCA:IHF opened at $50.34 on Monday. The firm has a market capitalization of $750.07 million, a PE ratio of 4.28 and a beta of 0.47. iShares U.S. Healthcare Providers ETF has a twelve month low of $47.21 and a twelve month high of $58.94. The company has a 50-day moving average price of $50.46 and a two-hundred day moving average price of $53.51.

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.