1,845 Shares in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Bought by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC purchased a new position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) in the first quarter, HoldingsChannel reports. The fund purchased 1,845 shares of the company’s stock, valued at approximately $97,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Purkiss Capital Advisors LLC bought a new stake in shares of iShares U.S. Healthcare Providers ETF in the first quarter worth $260,000. Cetera Investment Advisers increased its stake in shares of iShares U.S. Healthcare Providers ETF by 4.9% in the first quarter. Cetera Investment Advisers now owns 125,474 shares of the company’s stock worth $6,625,000 after buying an additional 5,876 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in shares of iShares U.S. Healthcare Providers ETF by 13.1% in the first quarter. Avantax Advisory Services Inc. now owns 78,704 shares of the company’s stock worth $4,156,000 after buying an additional 9,143 shares during the last quarter. IFP Advisors Inc increased its stake in shares of iShares U.S. Healthcare Providers ETF by 200.0% in the first quarter. IFP Advisors Inc now owns 750 shares of the company’s stock worth $40,000 after buying an additional 500 shares during the last quarter. Finally, V2 Financial group LLC acquired a new position in iShares U.S. Healthcare Providers ETF in the first quarter worth $211,000.

iShares U.S. Healthcare Providers ETF Price Performance

iShares U.S. Healthcare Providers ETF stock opened at $42.83 on Thursday. The company has a market cap of $571.78 million, a PE ratio of 15.41 and a beta of 0.81. The company has a fifty day moving average price of $46.15 and a two-hundred day moving average price of $49.48. iShares U.S. Healthcare Providers ETF has a 12 month low of $41.66 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.