Brown Brothers Harriman & Co. Takes Position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Brown Brothers Harriman & Co. bought a new position in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) in the third quarter, Holdings Channel.com reports. The institutional investor bought 1,100 shares of the company’s stock, valued at approximately $63,000.

A number of other large investors have also recently bought and sold shares of the company. Cetera Investment Advisers boosted its holdings in iShares U.S. Healthcare Providers ETF by 2,269.3% in the first quarter. Cetera Investment Advisers now owns 125,597 shares of the company’s stock valued at $6,850,000 after purchasing an additional 120,296 shares during the last quarter. Kingsview Wealth Management LLC grew its holdings in iShares U.S. Healthcare Providers ETF by 1.4% during the third quarter. Kingsview Wealth Management LLC now owns 116,973 shares of the company’s stock worth $6,680,000 after acquiring an additional 1,630 shares during the period. Cetera Advisors LLC raised its position in iShares U.S. Healthcare Providers ETF by 587.0% during the first quarter. Cetera Advisors LLC now owns 106,622 shares of the company’s stock valued at $5,815,000 after acquiring an additional 91,102 shares in the last quarter. Leuthold Group LLC lifted its holdings in iShares U.S. Healthcare Providers ETF by 23.7% in the third quarter. Leuthold Group LLC now owns 70,448 shares of the company’s stock valued at $4,023,000 after acquiring an additional 13,506 shares during the period. Finally, International Assets Investment Management LLC boosted its position in iShares U.S. Healthcare Providers ETF by 5,132.9% in the 3rd quarter. International Assets Investment Management LLC now owns 56,254 shares of the company’s stock worth $3,213,000 after purchasing an additional 55,179 shares in the last quarter.

iShares U.S. Healthcare Providers ETF Price Performance

NYSEARCA:IHF opened at $54.40 on Friday. The company has a 50 day moving average price of $54.53 and a 200-day moving average price of $54.50. iShares U.S. Healthcare Providers ETF has a 1-year low of $49.90 and a 1-year high of $58.94. The firm has a market cap of $810.56 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.