PNC Financial Services Group Inc. Sells 3,900 Shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

PNC Financial Services Group Inc. reduced its position in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 78.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,040 shares of the company’s stock after selling 3,900 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares U.S. Healthcare Providers ETF were worth $50,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Healthcare Providers ETF during the 4th quarter valued at $4,834,000. Steward Partners Investment Advisory LLC boosted its holdings in iShares U.S. Healthcare Providers ETF by 3.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,355 shares of the company’s stock worth $497,000 after purchasing an additional 378 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of iShares U.S. Healthcare Providers ETF by 32.3% in the fourth quarter. Jones Financial Companies Lllp now owns 24,503 shares of the company’s stock worth $1,176,000 after acquiring an additional 5,979 shares during the period. PCG Asset Management LLC bought a new position in shares of iShares U.S. Healthcare Providers ETF in the 4th quarter worth approximately $222,000. Finally, Oppenheimer & Co. Inc. purchased a new position in shares of iShares U.S. Healthcare Providers ETF in the fourth quarter worth approximately $830,000.

iShares U.S. Healthcare Providers ETF Price Performance

NYSEARCA:IHF opened at $52.55 on Thursday. iShares U.S. Healthcare Providers ETF has a one year low of $47.21 and a one year high of $58.94. The firm has a market capitalization of $706.80 million, a price-to-earnings ratio of 19.92 and a beta of 0.78. The business has a fifty day moving average price of $51.65 and a 200-day moving average price of $52.62.

About iShares U.S. Healthcare Providers ETF

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.