AlphaCore Capital LLC Invests $195,000 in iShares U.S. Healthcare Providers ETF $IHF

AlphaCore Capital LLC bought a new position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,999 shares of the company’s stock, valued at approximately $195,000.

Several other hedge funds have also modified their holdings of the stock. Harbor Asset Planning Inc. acquired a new position in shares of iShares U.S. Healthcare Providers ETF in the 2nd quarter valued at $26,000. Bank of Montreal Can lifted its stake in iShares U.S. Healthcare Providers ETF by 132.1% during the second quarter. Bank of Montreal Can now owns 615 shares of the company’s stock valued at $30,000 after buying an additional 350 shares in the last quarter. IFP Advisors Inc lifted its stake in iShares U.S. Healthcare Providers ETF by 200.0% during the first quarter. IFP Advisors Inc now owns 750 shares of the company’s stock valued at $40,000 after buying an additional 500 shares in the last quarter. RMG Wealth Management LLC acquired a new position in shares of iShares U.S. Healthcare Providers ETF in the second quarter worth about $56,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of iShares U.S. Healthcare Providers ETF in the first quarter worth about $97,000.

iShares U.S. Healthcare Providers ETF Price Performance

iShares U.S. Healthcare Providers ETF stock opened at $49.21 on Wednesday. iShares U.S. Healthcare Providers ETF has a fifty-two week low of $40.57 and a fifty-two week high of $54.93. The firm’s 50 day simple moving average is $49.27 and its 200-day simple moving average is $47.23. The company has a market cap of $784.90 million, a P/E ratio of 15.41 and a beta of 0.70.

iShares U.S. Healthcare Providers ETF Company 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.