Janney Montgomery Scott LLC Trims Stock Holdings in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Janney Montgomery Scott LLC cut its holdings in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 8.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 20,900 shares of the company’s stock after selling 1,980 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares U.S. Healthcare Providers ETF were worth $1,003,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. WFA of San Diego LLC lifted its holdings 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 worth $52,000 after purchasing an additional 301 shares during the period. Brown Brothers Harriman & Co. acquired a new stake in shares of iShares U.S. Healthcare Providers ETF in the 3rd quarter worth $63,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of iShares U.S. Healthcare Providers ETF in the third quarter valued at about $202,000. Stratos Wealth Advisors LLC acquired a new position in shares of iShares U.S. Healthcare Providers ETF during the third quarter worth about $233,000. Finally, Centaurus Financial Inc. purchased a new position in iShares U.S. Healthcare Providers ETF during the third quarter worth about $266,000.

iShares U.S. Healthcare Providers ETF Stock Down 0.0 %

Shares of NYSEARCA:IHF opened at $53.01 on Thursday. The company has a 50-day moving average price of $50.67 and a 200 day moving average price of $53.83. iShares U.S. Healthcare Providers ETF has a 52 week low of $47.21 and a 52 week high of $58.94. The company has a market cap of $789.85 million, a P/E ratio of 4.28 and a beta of 0.47.

About iShares U.S. Healthcare Providers ETF

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.