Prospera Financial Services Inc Acquires New Holdings in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Prospera Financial Services Inc purchased a new position in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) during the third quarter, HoldingsChannel.com reports. The fund purchased 5,321 shares of the company’s stock, valued at approximately $304,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Cape Investment Advisory Inc. lifted its position in iShares U.S. Healthcare Providers ETF by 400.0% during the 1st quarter. Cape Investment Advisory Inc. now owns 715 shares of the company’s stock worth $39,000 after acquiring an additional 572 shares during the period. Financial Gravity Asset Management Inc. raised its stake in shares of iShares U.S. Healthcare Providers ETF by 2,953.3% in the second quarter. Financial Gravity Asset Management Inc. now owns 916 shares of the company’s stock worth $48,000 after purchasing an additional 886 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of iShares U.S. Healthcare Providers ETF during the second quarter worth about $56,000. GPS Wealth Strategies Group LLC purchased a new stake in iShares U.S. Healthcare Providers ETF in the second quarter valued at approximately $65,000. Finally, Pathway Financial Advisers LLC acquired a new position in iShares U.S. Healthcare Providers ETF in the 1st quarter worth approximately $71,000.

iShares U.S. Healthcare Providers ETF Trading Down 0.2 %

Shares of NYSEARCA IHF opened at $53.30 on Monday. The company has a 50 day simple moving average of $54.73 and a two-hundred day simple moving average of $54.48. The stock has a market cap of $794.17 million, a price-to-earnings ratio of 4.28 and a beta of 0.47. iShares U.S. Healthcare Providers ETF has a 12 month low of $49.90 and a 12 month 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.