iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Shares Purchased by Arkadios Wealth Advisors

Arkadios Wealth Advisors raised its stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 28.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,649 shares of the company’s stock after buying an additional 1,908 shares during the period. Arkadios Wealth Advisors owned approximately 0.06% of iShares U.S. Healthcare Providers ETF worth $453,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. 49 Wealth Management LLC boosted its holdings in shares of iShares U.S. Healthcare Providers ETF by 445.7% in the first quarter. 49 Wealth Management LLC now owns 187,684 shares of the company’s stock worth $10,174,000 after buying an additional 153,291 shares during the period. Meritage Portfolio Management acquired a new position in iShares U.S. Healthcare Providers ETF in the 1st quarter worth approximately $6,924,000. Osaic Holdings Inc. grew its position in iShares U.S. Healthcare Providers ETF by 398.6% during the 1st quarter. Osaic Holdings Inc. now owns 154,308 shares of the company’s stock worth $8,416,000 after purchasing an additional 123,359 shares in the last quarter. Cetera Investment Advisers raised its stake in iShares U.S. Healthcare Providers ETF by 2,269.3% during the 1st quarter. Cetera Investment Advisers now owns 125,597 shares of the company’s stock valued at $6,850,000 after purchasing an additional 120,296 shares during the period. Finally, Kingsview Wealth Management LLC raised its stake in iShares U.S. Healthcare Providers ETF by 2,686.0% during the 1st quarter. Kingsview Wealth Management LLC now owns 118,042 shares of the company’s stock valued at $6,438,000 after purchasing an additional 113,805 shares during the period.

iShares U.S. Healthcare Providers ETF Stock Up 0.1 %

Shares of iShares U.S. Healthcare Providers ETF stock traded up $0.08 during midday trading on Friday, hitting $58.27. The company’s stock had a trading volume of 12,865 shares, compared to its average volume of 86,124. iShares U.S. Healthcare Providers ETF has a 1-year low of $48.58 and a 1-year high of $58.37. The firm has a market capitalization of $868.22 million, a P/E ratio of 4.28 and a beta of 0.47. The stock has a 50-day simple moving average of $54.59 and a 200-day simple moving average of $53.42.

About iShares U.S. Healthcare Providers ETF

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.