Bank of America Corp DE Sells 31,705 Shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Bank of America Corp DE cut its holdings in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 7.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 385,633 shares of the company’s stock after selling 31,705 shares during the period. Bank of America Corp DE’s holdings in iShares U.S. Healthcare Providers ETF were worth $18,507,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of IHF. Jane Street Group LLC purchased a new position in iShares U.S. Healthcare Providers ETF in the fourth quarter valued at about $578,000. Marshall Wace LLP bought a new stake in shares of iShares U.S. Healthcare Providers ETF in the 4th quarter valued at about $628,000. Rockefeller Capital Management L.P. purchased a new position in shares of iShares U.S. Healthcare Providers ETF in the 4th quarter worth approximately $634,000. Raymond James Financial Inc. purchased a new position in shares of iShares U.S. Healthcare Providers ETF in the 4th quarter worth approximately $4,834,000. Finally, Cerity Partners LLC raised its stake in shares of iShares U.S. Healthcare Providers ETF by 32.9% during the 4th quarter. Cerity Partners LLC now owns 7,919 shares of the company’s stock worth $380,000 after acquiring an additional 1,959 shares in the last quarter.

iShares U.S. Healthcare Providers ETF Stock Up 1.0%

NYSEARCA:IHF opened at $49.08 on Wednesday. The stock has a market capitalization of $620.86 million, a price-to-earnings ratio of 19.40 and a beta of 0.74. iShares U.S. Healthcare Providers ETF has a 52 week low of $44.62 and a 52 week high of $58.94. The firm has a 50 day moving average of $51.11 and a 200 day moving average of $51.32.

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.