HighTower Advisors LLC Sells 4,478 Shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

HighTower Advisors LLC lessened its stake in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 5.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 71,607 shares of the company’s stock after selling 4,478 shares during the period. HighTower Advisors LLC owned about 0.48% of iShares U.S. Healthcare Providers ETF worth $4,091,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. WFA of San Diego LLC boosted its stake 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 valued at $52,000 after purchasing an additional 301 shares in the last quarter. Financial Gravity Asset Management Inc. increased its holdings in shares of iShares U.S. Healthcare Providers ETF by 2,953.3% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 916 shares of the company’s stock valued at $48,000 after acquiring an additional 886 shares during the period. International Assets Investment Management LLC bought a new position in shares of iShares U.S. Healthcare Providers ETF in the 2nd quarter worth $56,000. Brown Brothers Harriman & Co. purchased a new stake in shares of iShares U.S. Healthcare Providers ETF during the 3rd quarter worth $63,000. Finally, GPS Wealth Strategies Group LLC bought a new stake in iShares U.S. Healthcare Providers ETF during the second quarter valued at about $65,000.

iShares U.S. Healthcare Providers ETF Trading Down 2.7 %

Shares of IHF stock opened at $50.85 on Thursday. iShares U.S. Healthcare Providers ETF has a 12-month low of $50.16 and a 12-month high of $58.94. The business’s fifty day simple moving average is $53.82 and its 200-day simple moving average is $54.49. The company has a market cap of $757.59 million, a PE ratio of 4.28 and a beta of 0.47.

iShares U.S. Healthcare Providers ETF Company 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.