BNP Paribas Financial Markets Reduces Holdings in iShares U.S. Healthcare Providers ETF $IHF

BNP Paribas Financial Markets decreased its position in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 19.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 401,000 shares of the company’s stock after selling 99,000 shares during the period. BNP Paribas Financial Markets’ holdings in iShares U.S. Healthcare Providers ETF were worth $19,225,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Sage Advisory Services Ltd.Co. purchased a new stake in iShares U.S. Healthcare Providers ETF in the 3rd quarter worth approximately $4,639,000. Northland Securities Inc. purchased a new stake in iShares U.S. Healthcare Providers ETF in the 4th quarter worth approximately $572,000. Cox Capital Mgt LLC purchased a new stake in iShares U.S. Healthcare Providers ETF in the 4th quarter worth approximately $740,000. Jefferies Financial Group Inc. purchased a new stake in iShares U.S. Healthcare Providers ETF in the 3rd quarter worth approximately $973,000. Finally, TD Waterhouse Canada Inc. purchased a new stake in iShares U.S. Healthcare Providers ETF in the 4th quarter worth approximately $2,100,000.

iShares U.S. Healthcare Providers ETF Stock Performance

Shares of NYSEARCA:IHF opened at $51.93 on Friday. iShares U.S. Healthcare Providers ETF has a 52-week low of $40.57 and a 52-week high of $52.21. The firm has a market capitalization of $836.07 million, a P/E ratio of 15.41 and a beta of 0.74. The stock has a 50 day moving average price of $47.45 and a 200-day moving average price of $47.10.

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.