iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Shares Gap Down – What’s Next?

iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $56.08, but opened at $53.91. iShares U.S. Healthcare Providers ETF shares last traded at $54.12, with a volume of 37,286 shares trading hands.

iShares U.S. Healthcare Providers ETF Price Performance

The stock has a 50 day moving average of $56.78 and a two-hundred day moving average of $54.18. The stock has a market capitalization of $806.69 million, a PE ratio of 4.28 and a beta of 0.47.

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

Several institutional investors have recently made changes to their positions in IHF. NBC Securities Inc. lifted its position in shares of iShares U.S. Healthcare Providers ETF by 393.5% during the 1st quarter. NBC Securities Inc. now owns 6,603 shares of the company’s stock valued at $361,000 after acquiring an additional 5,265 shares during the period. Salem Investment Counselors Inc. grew its holdings in shares of iShares U.S. Healthcare Providers ETF by 483.3% in the 1st quarter. Salem Investment Counselors Inc. now owns 1,750 shares of the company’s stock worth $95,000 after acquiring an additional 1,450 shares during the period. Cooper Financial Group purchased a new position in iShares U.S. Healthcare Providers ETF in the 1st quarter valued at approximately $318,000. Harbor Investment Advisory LLC raised its holdings in iShares U.S. Healthcare Providers ETF by 400.0% during the first quarter. Harbor Investment Advisory LLC now owns 2,200 shares of the company’s stock worth $120,000 after purchasing an additional 1,760 shares during the last quarter. Finally, Evanson Asset Management LLC boosted its position in iShares U.S. Healthcare Providers ETF by 400.6% during the first quarter. Evanson Asset Management LLC now owns 12,125 shares of the company’s stock worth $661,000 after purchasing an additional 9,703 shares in 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.