Drive Wealth Management LLC Cuts Position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Drive Wealth Management LLC decreased its holdings in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 8.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,065 shares of the company’s stock after selling 961 shares during the period. Drive Wealth Management LLC’s holdings in iShares U.S. Healthcare Providers ETF were worth $483,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of IHF. International Assets Investment Management LLC grew its position in iShares U.S. Healthcare Providers ETF by 5,132.9% in the third quarter. International Assets Investment Management LLC now owns 56,254 shares of the company’s stock worth $3,213,000 after buying an additional 55,179 shares during the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of iShares U.S. Healthcare Providers ETF during the third quarter valued at $2,856,000. Leuthold Group LLC lifted its holdings in shares of iShares U.S. Healthcare Providers ETF by 23.7% during the third quarter. Leuthold Group LLC now owns 70,448 shares of the company’s stock valued at $4,023,000 after purchasing an additional 13,506 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in shares of iShares U.S. Healthcare Providers ETF in the 3rd quarter valued at $590,000. Finally, Grimes & Company Inc. purchased a new position in iShares U.S. Healthcare Providers ETF in the 4th quarter worth about $396,000.

iShares U.S. Healthcare Providers ETF Price Performance

Shares of IHF opened at $51.90 on Monday. The company has a 50-day moving average of $50.75 and a two-hundred day moving average of $53.87. The stock has a market cap of $773.31 million, a price-to-earnings ratio of 4.28 and a beta of 0.47. iShares U.S. Healthcare Providers ETF has a one year low of $47.21 and a one year 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.