Janney Montgomery Scott LLC Has $1.31 Million Stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Janney Montgomery Scott LLC cut its holdings in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 3.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 22,880 shares of the company’s stock after selling 802 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares U.S. Healthcare Providers ETF were worth $1,307,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Harbour Investments Inc. lifted its position in iShares U.S. Healthcare Providers ETF by 10.7% in the 2nd quarter. Harbour Investments Inc. now owns 8,204 shares of the company’s stock valued at $430,000 after acquiring an additional 794 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in iShares U.S. Healthcare Providers ETF in the third quarter valued at approximately $202,000. HBK Sorce Advisory LLC boosted its stake in shares of iShares U.S. Healthcare Providers ETF by 260.3% in the 1st quarter. HBK Sorce Advisory LLC now owns 8,376 shares of the company’s stock valued at $457,000 after purchasing an additional 6,051 shares in the last quarter. Leuthold Group LLC grew its position in iShares U.S. Healthcare Providers ETF by 0.9% during the 2nd quarter. Leuthold Group LLC now owns 56,942 shares of the company’s stock worth $2,985,000 after acquiring an additional 497 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in iShares U.S. Healthcare Providers ETF by 2,269.3% during the 1st quarter. Cetera Investment Advisers now owns 125,597 shares of the company’s stock worth $6,850,000 after buying an additional 120,296 shares during the period.

iShares U.S. Healthcare Providers ETF Trading Down 1.8 %

NYSEARCA IHF opened at $53.25 on Friday. The business’s 50-day moving average price is $55.29 and its two-hundred day moving average price is $54.41. iShares U.S. Healthcare Providers ETF has a 12 month low of $49.90 and a 12 month high of $58.94. The firm has a market capitalization of $793.43 million, a PE ratio of 4.28 and a beta of 0.47.

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.