Commonwealth Equity Services LLC Has $3.43 Million Stock Holdings in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Commonwealth Equity Services LLC lowered its position in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 10.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,383 shares of the company’s stock after selling 8,253 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares U.S. Healthcare Providers ETF were worth $3,426,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC lifted its position in iShares U.S. Healthcare Providers ETF by 95.7% during the 4th 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 in the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares U.S. Healthcare Providers ETF in the fourth quarter worth about $4,834,000. Mason & Associates Inc lifted its position in shares of iShares U.S. Healthcare Providers ETF by 5.5% during the fourth quarter. Mason & Associates Inc now owns 51,232 shares of the company’s stock worth $2,459,000 after purchasing an additional 2,654 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in shares of iShares U.S. Healthcare Providers ETF during the third quarter valued at approximately $2,856,000. Finally, Trust Co. of Toledo NA OH grew its stake in shares of iShares U.S. Healthcare Providers ETF by 2.5% during the fourth quarter. Trust Co. of Toledo NA OH now owns 26,584 shares of the company’s stock valued at $1,276,000 after purchasing an additional 638 shares during the last quarter.

iShares U.S. Healthcare Providers ETF Price Performance

IHF stock opened at $52.61 on Tuesday. The company has a 50 day moving average price of $51.57 and a 200 day moving average price of $52.65. iShares U.S. Healthcare Providers ETF has a fifty-two week low of $47.21 and a fifty-two week high of $58.94. The stock has a market capitalization of $707.60 million, a PE ratio of 19.92 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.