Phoenix Financial Ltd. Sells 29,899 Shares of iShares U.S. Healthcare Providers ETF $IHF

Phoenix Financial Ltd. lessened its stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 53.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 26,463 shares of the company’s stock after selling 29,899 shares during the period. Phoenix Financial Ltd. owned about 0.20% of iShares U.S. Healthcare Providers ETF worth $1,287,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Ballast Inc. bought a new stake in shares of iShares U.S. Healthcare Providers ETF in the 2nd quarter valued at about $205,000. Harbor Asset Planning Inc. bought a new stake in shares of iShares U.S. Healthcare Providers ETF in the 2nd quarter valued at about $26,000. RMG Wealth Management LLC bought a new stake in shares of iShares U.S. Healthcare Providers ETF in the 2nd quarter valued at about $56,000. Grimes & Company Inc. grew its position in shares of iShares U.S. Healthcare Providers ETF by 176.7% in the 2nd quarter. Grimes & Company Inc. now owns 18,350 shares of the company’s stock valued at $893,000 after buying an additional 11,719 shares during the last quarter. Finally, Sava Infond d.o.o. grew its position in shares of iShares U.S. Healthcare Providers ETF by 12.1% in the 2nd quarter. Sava Infond d.o.o. now owns 17,150 shares of the company’s stock valued at $834,000 after buying an additional 1,850 shares during the last quarter.

iShares U.S. Healthcare Providers ETF Price Performance

Shares of NYSEARCA:IHF opened at $51.34 on Wednesday. The company has a market capitalization of $824.01 million, a price-to-earnings ratio of 15.41 and a beta of 0.81. The business’s 50-day moving average is $48.38 and its 200-day moving average is $47.70. iShares U.S. Healthcare Providers ETF has a 1 year low of $40.57 and a 1 year high of $55.91.

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.