PFG Investments LLC Has $403,000 Position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

PFG Investments LLC lessened its stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 7.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 7,695 shares of the company’s stock after selling 619 shares during the quarter. PFG Investments LLC’s holdings in iShares U.S. Healthcare Providers ETF were worth $403,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Signet Financial Management LLC increased its stake in shares of iShares U.S. Healthcare Providers ETF by 383.3% in the first quarter. Signet Financial Management LLC now owns 4,920 shares of the company’s stock worth $268,000 after acquiring an additional 3,902 shares during the last quarter. KCM Investment Advisors LLC increased its position in iShares U.S. Healthcare Providers ETF by 400.8% in the 1st quarter. KCM Investment Advisors LLC now owns 7,437 shares of the company’s stock worth $406,000 after purchasing an additional 5,952 shares during the last quarter. Avantax Advisory Services Inc. raised its stake in shares of iShares U.S. Healthcare Providers ETF by 434.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 71,772 shares of the company’s stock worth $3,914,000 after purchasing an additional 58,351 shares in the last quarter. Twin Focus Capital Partners LLC acquired a new stake in shares of iShares U.S. Healthcare Providers ETF during the 4th quarter valued at about $2,295,000. Finally, Cooper Financial Group acquired a new stake in shares of iShares U.S. Healthcare Providers ETF during the 1st quarter valued at about $318,000.

iShares U.S. Healthcare Providers ETF Stock Performance

NYSEARCA:IHF opened at $57.54 on Friday. The company has a market capitalization of $857.35 million, a P/E ratio of 4.28 and a beta of 0.47. The stock’s 50 day moving average price is $55.75 and its 200 day moving average price is $53.70. iShares U.S. Healthcare Providers ETF has a 52 week low of $48.58 and a 52 week high of $58.94.

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.