iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Reaches New 1-Year High at $54.79

iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) shares hit a new 52-week high on Tuesday . The company traded as high as $54.79 and last traded at $54.79, with a volume of 84577 shares trading hands. The stock had previously closed at $52.77.

iShares U.S. Healthcare Providers ETF Trading Up 4.2 %

The business’s 50 day moving average price is $52.45 and its two-hundred day moving average price is $52.64. The stock has a market cap of $819.35 million, a P/E ratio of 4.28 and a beta of 0.47.

Institutional Investors Weigh In On iShares U.S. Healthcare Providers ETF

Several hedge funds have recently bought and sold shares of the business. Trust Co. of Toledo NA OH boosted its stake in iShares U.S. Healthcare Providers ETF by 6.5% during the second quarter. Trust Co. of Toledo NA OH now owns 25,946 shares of the company’s stock worth $1,360,000 after acquiring an additional 1,581 shares in the last quarter. Cape Investment Advisory Inc. raised its holdings in iShares U.S. Healthcare Providers ETF by 400.0% in the first quarter. Cape Investment Advisory Inc. now owns 715 shares of the company’s stock worth $39,000 after buying an additional 572 shares during the last quarter. Pathway Financial Advisers LLC purchased a new position in iShares U.S. Healthcare Providers ETF in the first quarter worth about $71,000. Cetera Advisors LLC raised its holdings in iShares U.S. Healthcare Providers ETF by 587.0% in the first quarter. Cetera Advisors LLC now owns 106,622 shares of the company’s stock worth $5,815,000 after buying an additional 91,102 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in iShares U.S. Healthcare Providers ETF by 2,269.3% in the first quarter. Cetera Investment Advisers now owns 125,597 shares of the company’s stock worth $6,850,000 after buying an additional 120,296 shares during the last quarter.

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.