Quantitative Investment Management LLC Takes $4.63 Million Position in iShares U.S. Healthcare Providers ETF $IHF

Quantitative Investment Management LLC purchased a new stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 93,677 shares of the company’s stock, valued at approximately $4,628,000. Quantitative Investment Management LLC owned 0.42% of iShares U.S. Healthcare Providers ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. O Shaughnessy Asset Management LLC grew its stake in iShares U.S. Healthcare Providers ETF by 145.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 613 shares of the company’s stock valued at $29,000 after buying an additional 363 shares during the last quarter. Strive Financial Group LLC acquired a new stake in shares of iShares U.S. Healthcare Providers ETF in the fourth quarter valued at about $32,000. Arax Advisory Partners bought a new position in shares of iShares U.S. Healthcare Providers ETF in the fourth quarter worth about $35,000. Ascentis Independent Advisors bought a new position in shares of iShares U.S. Healthcare Providers ETF in the first quarter worth about $36,000. Finally, WealthShield Partners LLC acquired a new position in shares of iShares U.S. Healthcare Providers ETF during the 4th quarter worth about $37,000.

iShares U.S. Healthcare Providers ETF Price Performance

Shares of NYSEARCA:IHF opened at $56.85 on Monday. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 15.41 and a beta of 0.72. The business has a 50 day moving average price of $56.52 and a 200 day moving average price of $50.41. iShares U.S. Healthcare Providers ETF has a twelve month low of $40.85 and a twelve month high of $58.30.

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.