Sowell Financial Services LLC Has $961,000 Position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Sowell Financial Services LLC lowered its position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 34.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,021 shares of the company’s stock after selling 10,546 shares during the period. Sowell Financial Services LLC owned about 0.13% of iShares U.S. Healthcare Providers ETF worth $961,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC bought a new stake in shares of iShares U.S. Healthcare Providers ETF in the third quarter valued at $202,000. Sigma Planning Corp bought a new stake in iShares U.S. Healthcare Providers ETF in the third quarter worth $324,000. Prospera Financial Services Inc bought a new stake in iShares U.S. Healthcare Providers ETF in the third quarter valued at approximately $304,000. Commerce Bank raised its stake in shares of iShares U.S. Healthcare Providers ETF by 4.9% during the third quarter. Commerce Bank now owns 5,380 shares of the company’s stock valued at $307,000 after acquiring an additional 250 shares during the last quarter. Finally, Kingsview Wealth Management LLC lifted its stake in iShares U.S. Healthcare Providers ETF by 1.4% in the third quarter. Kingsview Wealth Management LLC now owns 116,973 shares of the company’s stock worth $6,680,000 after acquiring an additional 1,630 shares during the period.

iShares U.S. Healthcare Providers ETF Stock Performance

iShares U.S. Healthcare Providers ETF stock opened at $51.24 on Tuesday. iShares U.S. Healthcare Providers ETF has a fifty-two week low of $47.21 and a fifty-two week high of $58.94. The stock has a market cap of $691.74 million, a price-to-earnings ratio of 19.50 and a beta of 0.78. The stock’s 50 day simple moving average is $50.98 and its two-hundred day simple moving average is $53.15.

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.