LPL Financial LLC Trims Stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

LPL Financial LLC lowered its stake in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHFFree Report) by 1.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 83,383 shares of the company’s stock after selling 1,362 shares during the quarter. LPL Financial LLC owned about 1.77% of iShares U.S. Healthcare Providers ETF worth $20,613,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of IHF. Nelson Van Denburg & Campbell Wealth Management Group LLC purchased a new stake in iShares U.S. Healthcare Providers ETF in the first quarter worth about $28,000. Lansing Street Advisors purchased a new stake in iShares U.S. Healthcare Providers ETF in the first quarter worth about $38,000. Ameritas Advisory Services LLC purchased a new stake in iShares U.S. Healthcare Providers ETF in the first quarter worth about $46,000. HighMark Wealth Management LLC grew its holdings in iShares U.S. Healthcare Providers ETF by 58.8% in the first quarter. HighMark Wealth Management LLC now owns 189 shares of the company’s stock worth $47,000 after purchasing an additional 70 shares during the period. Finally, Salem Investment Counselors Inc. grew its holdings in iShares U.S. Healthcare Providers ETF by 25.0% in the fourth quarter. Salem Investment Counselors Inc. now owns 250 shares of the company’s stock worth $67,000 after purchasing an additional 50 shares during the period.

iShares U.S. Healthcare Providers ETF Stock Performance

Shares of IHF opened at $251.64 on Thursday. The stock has a market cap of $956.23 million, a PE ratio of 21.16 and a beta of 0.81. iShares U.S. Healthcare Providers ETF has a fifty-two week low of $240.08 and a fifty-two week high of $282.37. The firm’s 50-day simple moving average is $255.89 and its two-hundred day simple moving average is $254.30.

iShares U.S. Healthcare Providers ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

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