Evanson Financial LLC Makes New $680,000 Investment in iShares U.S. Healthcare Providers ETF $IHF

Evanson Financial LLC bought a new position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) in the 2nd quarter, HoldingsChannel reports. The fund bought 12,290 shares of the company’s stock, valued at approximately $680,000.

A number of other institutional investors have also made changes to their positions in the company. BNP Paribas Financial Markets bought a new position in iShares U.S. Healthcare Providers ETF during the third quarter worth $24,695,000. Quadrature Capital Ltd bought a new stake in iShares U.S. Healthcare Providers ETF during the fourth quarter valued at $13,105,000. UBS Group AG increased its stake in iShares U.S. Healthcare Providers ETF by 78.5% during the third quarter. UBS Group AG now owns 264,303 shares of the company’s stock valued at $13,054,000 after purchasing an additional 116,242 shares during the last quarter. Sather Financial Group Inc raised its holdings in shares of iShares U.S. Healthcare Providers ETF by 11.9% during the first quarter. Sather Financial Group Inc now owns 1,017,415 shares of the company’s stock worth $42,579,000 after purchasing an additional 108,457 shares during the period. Finally, Element Pointe Advisors LLC raised its holdings in shares of iShares U.S. Healthcare Providers ETF by 28.4% during the fourth quarter. Element Pointe Advisors LLC now owns 405,626 shares of the company’s stock worth $19,447,000 after purchasing an additional 89,723 shares during the period.

iShares U.S. Healthcare Providers ETF Stock Performance

NYSEARCA IHF opened at $57.07 on Friday. iShares U.S. Healthcare Providers ETF has a one year low of $40.85 and a one year high of $58.30. The company has a 50-day simple moving average of $55.11 and a 200-day simple moving average of $49.34. The firm has a market capitalization of $1.27 billion, a PE ratio of 15.41 and a beta of 0.72.

iShares U.S. Healthcare Providers ETF 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.