International Assets Investment Management LLC Invests $56,000 in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

International Assets Investment Management LLC purchased a new position in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,075 shares of the company’s stock, valued at approximately $56,000.

Several other institutional investors also recently modified their holdings of IHF. Register Financial Advisors LLC boosted its stake in iShares U.S. Healthcare Providers ETF by 400.0% during the 1st quarter. Register Financial Advisors LLC now owns 455 shares of the company’s stock worth $25,000 after acquiring an additional 364 shares during the last quarter. SOA Wealth Advisors LLC. boosted its stake in iShares U.S. Healthcare Providers ETF by 400.0% during the 1st quarter. SOA Wealth Advisors LLC. now owns 500 shares of the company’s stock worth $27,000 after acquiring an additional 400 shares during the last quarter. CNB Bank boosted its stake in iShares U.S. Healthcare Providers ETF by 400.0% during the 1st quarter. CNB Bank now owns 610 shares of the company’s stock worth $33,000 after acquiring an additional 488 shares during the last quarter. IAG Wealth Partners LLC boosted its stake in iShares U.S. Healthcare Providers ETF by 400.0% during the 1st quarter. IAG Wealth Partners LLC now owns 640 shares of the company’s stock worth $35,000 after acquiring an additional 512 shares during the last quarter. Finally, Cape Investment Advisory Inc. boosted its stake in iShares U.S. Healthcare Providers ETF by 400.0% during the 1st quarter. Cape Investment Advisory Inc. now owns 715 shares of the company’s stock worth $39,000 after acquiring an additional 572 shares during the last quarter.

iShares U.S. Healthcare Providers ETF Price Performance

iShares U.S. Healthcare Providers ETF stock opened at $58.39 on Thursday. The company’s 50 day simple moving average is $55.09 and its 200 day simple moving average is $53.55. iShares U.S. Healthcare Providers ETF has a fifty-two week low of $48.58 and a fifty-two week high of $58.94. The firm has a market capitalization of $870.01 million, a price-to-earnings 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.