iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Sees Unusually-High Trading Volume

Shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) saw unusually-strong trading volume on Monday . Approximately 130,447 shares changed hands during mid-day trading, an increase of 50% from the previous session’s volume of 86,903 shares.The stock last traded at $57.84 and had previously closed at $57.75.

iShares U.S. Healthcare Providers ETF Stock Performance

The stock’s 50 day simple moving average is $54.12 and its 200 day simple moving average is $53.29. The firm has a market capitalization of $859.13 million, a P/E ratio of 4.28 and a beta of 0.47.

Hedge Funds Weigh In On iShares U.S. Healthcare Providers ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. National Bank of Canada FI lifted its position in iShares U.S. Healthcare Providers ETF by 69.4% during the fourth quarter. National Bank of Canada FI now owns 244 shares of the company’s stock valued at $65,000 after acquiring an additional 100 shares during the last quarter. Condor Capital Management lifted its position in iShares U.S. Healthcare Providers ETF by 1.1% during the fourth quarter. Condor Capital Management now owns 9,445 shares of the company’s stock valued at $2,480,000 after acquiring an additional 102 shares during the last quarter. Truist Financial Corp lifted its position in iShares U.S. Healthcare Providers ETF by 1.8% during the fourth quarter. Truist Financial Corp now owns 7,749 shares of the company’s stock valued at $2,034,000 after acquiring an additional 134 shares during the last quarter. Register Financial Advisors LLC lifted its position in iShares U.S. Healthcare Providers ETF by 400.0% during the first quarter. Register Financial Advisors LLC now owns 455 shares of the company’s stock valued at $25,000 after acquiring an additional 364 shares during the last quarter. Finally, SOA Wealth Advisors LLC. lifted its position in iShares U.S. Healthcare Providers ETF by 400.0% during the first quarter. SOA Wealth Advisors LLC. now owns 500 shares of the company’s stock valued at $27,000 after acquiring an additional 400 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.