Sowell Financial Services LLC Acquires New Shares in iShares U.S. Healthcare Providers ETF $IHF

Sowell Financial Services LLC acquired a new position in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 20,306 shares of the company’s stock, valued at approximately $1,115,000. Sowell Financial Services LLC owned 0.09% of iShares U.S. Healthcare Providers ETF as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Sather Financial Group Inc lifted its holdings in shares of iShares U.S. Healthcare Providers ETF by 11.9% during the 1st quarter. Sather Financial Group Inc now owns 1,017,415 shares of the company’s stock valued at $42,579,000 after acquiring an additional 108,457 shares in the last quarter. Royal Bank of Canada boosted its position in iShares U.S. Healthcare Providers ETF by 15.8% during the 1st quarter. Royal Bank of Canada now owns 574,425 shares of the company’s stock worth $24,040,000 after purchasing an additional 78,235 shares during the period. Element Pointe Advisors LLC increased its holdings in iShares U.S. Healthcare Providers ETF by 9.6% in the 1st quarter. Element Pointe Advisors LLC now owns 444,622 shares of the company’s stock valued at $18,607,000 after purchasing an additional 38,996 shares in the last quarter. Bank of America Corp DE increased its holdings in iShares U.S. Healthcare Providers ETF by 9.2% in the 1st quarter. Bank of America Corp DE now owns 389,123 shares of the company’s stock valued at $16,285,000 after purchasing an additional 32,889 shares in the last quarter. Finally, Tidal Investments LLC acquired a new stake in iShares U.S. Healthcare Providers ETF in the 2nd quarter valued at $20,916,000.

iShares U.S. Healthcare Providers ETF Price Performance

NYSEARCA:IHF opened at $60.38 on Friday. The business’s 50-day moving average is $56.97 and its two-hundred day moving average is $53.95. iShares U.S. Healthcare Providers ETF has a 12 month low of $40.85 and a 12 month high of $60.97. The firm has a market capitalization of $1.40 billion, a PE ratio of 15.41 and a beta of 0.72.

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.