Raymond James Financial Inc. Takes Position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Raymond James Financial Inc. bought a new position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) during the fourth quarter, HoldingsChannel reports. The fund bought 100,729 shares of the company’s stock, valued at approximately $4,834,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. CX Institutional bought a new position in shares of iShares U.S. Healthcare Providers ETF in the fourth quarter worth approximately $29,000. WFA of San Diego LLC lifted its stake in shares of iShares U.S. Healthcare Providers ETF by 49.3% during the 3rd quarter. WFA of San Diego LLC now owns 911 shares of the company’s stock valued at $52,000 after buying an additional 301 shares in the last quarter. Brown Brothers Harriman & Co. bought a new position in iShares U.S. Healthcare Providers ETF in the 3rd quarter worth $63,000. PCG Asset Management LLC purchased a new stake in iShares U.S. Healthcare Providers ETF in the 4th quarter worth $222,000. Finally, Centaurus Financial Inc. bought a new stake in iShares U.S. Healthcare Providers ETF during the third quarter valued at about $266,000.

iShares U.S. Healthcare Providers ETF Stock Down 0.5 %

NYSEARCA IHF opened at $52.33 on Wednesday. iShares U.S. Healthcare Providers ETF has a twelve month low of $47.21 and a twelve month high of $58.94. The business has a 50-day moving average price of $51.61 and a 200-day moving average price of $52.62. The firm has a market cap of $703.84 million, a price-to-earnings ratio of 19.92 and a beta of 0.78.

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.