iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC reduced its position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 3.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,880 shares of the company’s stock after selling 802 shares during the period. Janney Montgomery Scott LLC owned about 0.15% of iShares U.S. Healthcare Providers ETF worth $1,307,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cape Investment Advisory Inc. raised its stake in iShares U.S. Healthcare Providers ETF by 400.0% during the first quarter. Cape Investment Advisory Inc. now owns 715 shares of the company’s stock worth $39,000 after purchasing an additional 572 shares during the period. Financial Gravity Asset Management Inc. lifted its position in iShares U.S. Healthcare Providers ETF by 2,953.3% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 916 shares of the company’s stock worth $48,000 after buying an additional 886 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of iShares U.S. Healthcare Providers ETF in the 2nd quarter valued at approximately $56,000. GPS Wealth Strategies Group LLC bought a new position in shares of iShares U.S. Healthcare Providers ETF during the 2nd quarter valued at $65,000. Finally, Pathway Financial Advisers LLC acquired a new position in shares of iShares U.S. Healthcare Providers ETF during the 1st quarter valued at about $71,000.

iShares U.S. Healthcare Providers ETF Price Performance

iShares U.S. Healthcare Providers ETF stock opened at $53.25 on Friday. The firm has a market cap of $793.43 million, a price-to-earnings ratio of 4.28 and a beta of 0.47. The firm has a fifty day moving average price of $55.29 and a two-hundred day moving average price of $54.41. iShares U.S. Healthcare Providers ETF has a fifty-two week low of $49.90 and a fifty-two week high of $58.94.

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.