UBS Group AG Grows Position in iShares U.S. Healthcare Providers ETF $IHF

UBS Group AG lifted its holdings in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 9.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 288,968 shares of the company’s stock after acquiring an additional 24,665 shares during the quarter. UBS Group AG’s holdings in iShares U.S. Healthcare Providers ETF were worth $13,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Sather Financial Group Inc boosted its position in shares of iShares U.S. Healthcare Providers ETF by 5.9% during the fourth quarter. Sather Financial Group Inc now owns 908,958 shares of the company’s stock valued at $43,577,000 after buying an additional 50,946 shares during the last quarter. BNP Paribas Financial Markets purchased a new stake in iShares U.S. Healthcare Providers ETF in the third quarter worth approximately $24,695,000. Bank of America Corp DE boosted its holdings in iShares U.S. Healthcare Providers ETF by 6.2% in the second quarter. Bank of America Corp DE now owns 383,556 shares of the company’s stock worth $18,660,000 after purchasing an additional 22,471 shares during the last quarter. Kingsview Wealth Management LLC boosted its holdings in iShares U.S. Healthcare Providers ETF by 69.8% in the third quarter. Kingsview Wealth Management LLC now owns 351,526 shares of the company’s stock worth $17,362,000 after purchasing an additional 144,524 shares during the last quarter. Finally, Element Pointe Advisors LLC purchased a new stake in iShares U.S. Healthcare Providers ETF in the third quarter worth approximately $15,602,000.

iShares U.S. Healthcare Providers ETF Trading Down 0.6%

Shares of IHF stock opened at $51.47 on Friday. iShares U.S. Healthcare Providers ETF has a 12-month low of $40.57 and a 12-month high of $51.99. The firm’s 50 day moving average is $45.24 and its 200 day moving average is $46.90. The stock has a market capitalization of $828.67 million, a P/E ratio of 15.41 and a beta of 0.74.

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.