Ameriprise Financial Inc. Has $4.18 Million Stock Holdings in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Ameriprise Financial Inc. trimmed its stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 14.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 87,106 shares of the company’s stock after selling 15,299 shares during the period. Ameriprise Financial Inc. owned 0.58% of iShares U.S. Healthcare Providers ETF worth $4,180,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Jane Street Group LLC acquired a new position in iShares U.S. Healthcare Providers ETF in the 4th quarter valued at approximately $578,000. Marshall Wace LLP acquired a new position in shares of iShares U.S. Healthcare Providers ETF during the fourth quarter valued at $628,000. Rockefeller Capital Management L.P. bought a new stake in shares of iShares U.S. Healthcare Providers ETF in the 4th quarter valued at about $634,000. Raymond James Financial Inc. acquired a new stake in iShares U.S. Healthcare Providers ETF during the 4th quarter worth $4,834,000. Finally, Cerity Partners LLC increased its stake in iShares U.S. Healthcare Providers ETF by 32.9% during the 4th quarter. Cerity Partners LLC now owns 7,919 shares of the company’s stock worth $380,000 after purchasing an additional 1,959 shares in the last quarter.

iShares U.S. Healthcare Providers ETF Stock Down 0.5%

Shares of NYSEARCA:IHF opened at $46.20 on Monday. The firm has a market cap of $628.32 million, a price-to-earnings ratio of 19.54 and a beta of 0.74. The company’s fifty day simple moving average is $50.81 and its 200 day simple moving average is $51.16. iShares U.S. Healthcare Providers ETF has a 12 month low of $44.62 and a 12 month high of $58.94.

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.