TD Waterhouse Canada Inc. Makes New $2.10 Million Investment in iShares U.S. Healthcare Providers ETF $IHF

TD Waterhouse Canada Inc. bought a new position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) in the fourth quarter, Holdings Channel.com reports. The fund bought 43,811 shares of the company’s stock, valued at approximately $2,100,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. acquired a new stake in iShares U.S. Healthcare Providers ETF in the third quarter worth approximately $761,000. Investment House LLC acquired a new stake in iShares U.S. Healthcare Providers ETF in the third quarter worth approximately $722,000. Sage Advisory Services Ltd.Co. acquired a new stake in iShares U.S. Healthcare Providers ETF in the third quarter worth approximately $4,639,000. Northland Securities Inc. acquired a new stake in iShares U.S. Healthcare Providers ETF in the fourth quarter worth approximately $572,000. Finally, JPMorgan Chase & Co. lifted its position in iShares U.S. Healthcare Providers ETF by 40.3% in the third quarter. JPMorgan Chase & Co. now owns 55,844 shares of the company’s stock worth $2,758,000 after purchasing an additional 16,048 shares during the period.

iShares U.S. Healthcare Providers ETF Price Performance

IHF opened at $46.59 on Thursday. The company has a market capitalization of $712.83 million, a price-to-earnings ratio of 15.41 and a beta of 0.67. iShares U.S. Healthcare Providers ETF has a 1-year low of $40.57 and a 1-year high of $51.99. The business has a 50 day moving average price of $44.38 and a two-hundred day moving average price of $47.09.

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.