Iowa State Bank Acquires New Shares in iShares U.S. Healthcare Providers ETF $IHF

Iowa State Bank bought a new stake in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,000 shares of the company’s stock, valued at approximately $549,000.

Several other large investors have also recently made changes to their positions in the company. Sather Financial Group Inc grew its position in iShares U.S. Healthcare Providers ETF by 11.9% during the first quarter. Sather Financial Group Inc now owns 1,017,415 shares of the company’s stock valued at $42,579,000 after buying an additional 108,457 shares during the period. Tidal Investments LLC acquired a new stake in shares of iShares U.S. Healthcare Providers ETF during the 2nd quarter valued at about $20,916,000. Evanson Financial LLC acquired a new stake in shares of iShares U.S. Healthcare Providers ETF during the 2nd quarter valued at about $680,000. Quantitative Investment Management LLC purchased a new position in shares of iShares U.S. Healthcare Providers ETF in the 2nd quarter valued at about $4,628,000. Finally, Bank of New York Mellon Corp increased its stake in shares of iShares U.S. Healthcare Providers ETF by 31.8% in the 1st quarter. Bank of New York Mellon Corp now owns 250,961 shares of the company’s stock valued at $10,503,000 after purchasing an additional 60,615 shares in the last quarter.

iShares U.S. Healthcare Providers ETF Price Performance

NYSEARCA IHF traded down $0.35 during trading hours on Tuesday, reaching $55.69. The company’s stock had a trading volume of 334,255 shares, compared to its average volume of 472,414. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 15.41 and a beta of 0.72. The company’s 50-day moving average is $56.57 and its two-hundred day moving average is $52.44. iShares U.S. Healthcare Providers ETF has a 1-year low of $40.85 and a 1-year high of $58.30.

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.