iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Position Decreased by HighTower Advisors LLC

HighTower Advisors LLC decreased its holdings in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 13.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 62,163 shares of the company’s stock after selling 9,444 shares during the period. HighTower Advisors LLC owned approximately 0.42% of iShares U.S. Healthcare Providers ETF worth $2,983,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Kingsview Wealth Management LLC boosted its holdings in shares of iShares U.S. Healthcare Providers ETF by 95.7% in the fourth quarter. Kingsview Wealth Management LLC now owns 228,913 shares of the company’s stock worth $10,986,000 after buying an additional 111,940 shares during the period. Raymond James Financial Inc. acquired a new position in shares of iShares U.S. Healthcare Providers ETF in the fourth quarter worth about $4,834,000. BNP Paribas Financial Markets acquired a new position in shares of iShares U.S. Healthcare Providers ETF in the third quarter worth about $2,856,000. Oppenheimer & Co. Inc. acquired a new position in shares of iShares U.S. Healthcare Providers ETF in the fourth quarter worth about $830,000. Finally, Schwarz Dygos Wheeler Investment Advisors LLC acquired a new position in shares of iShares U.S. Healthcare Providers ETF in the fourth quarter worth about $558,000.

iShares U.S. Healthcare Providers ETF Price Performance

Shares of IHF opened at $52.04 on Friday. iShares U.S. Healthcare Providers ETF has a one year low of $47.21 and a one year high of $58.94. The company has a 50-day moving average of $51.53 and a two-hundred day moving average of $52.77. The stock has a market cap of $702.54 million, a price-to-earnings ratio of 19.50 and a beta of 0.78.

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.