iShares U.S. Healthcare Providers ETF $IHF Shares Acquired by Element Pointe Advisors LLC

Element Pointe Advisors LLC grew its position in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 9.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 444,622 shares of the company’s stock after purchasing an additional 38,996 shares during the quarter. iShares U.S. Healthcare Providers ETF comprises approximately 3.5% of Element Pointe Advisors LLC’s investment portfolio, making the stock its 7th largest position. Element Pointe Advisors LLC owned approximately 2.76% of iShares U.S. Healthcare Providers ETF worth $18,607,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sather Financial Group Inc increased its position in shares of 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 worth $42,579,000 after buying an additional 108,457 shares during the period. BNP Paribas Financial Markets acquired a new position in iShares U.S. Healthcare Providers ETF in the third quarter valued at $24,695,000. Royal Bank of Canada lifted its holdings in iShares U.S. Healthcare Providers ETF by 11.0% in the fourth quarter. Royal Bank of Canada now owns 496,190 shares of the company’s stock valued at $23,788,000 after buying an additional 49,096 shares during the period. Bank of America Corp DE boosted its position in iShares U.S. Healthcare Providers ETF by 6.2% during the second quarter. Bank of America Corp DE now owns 383,556 shares of the company’s stock valued at $18,660,000 after acquiring an additional 22,471 shares during the last quarter. Finally, UBS Group AG boosted its position in iShares U.S. Healthcare Providers ETF by 9.3% during the fourth quarter. UBS Group AG now owns 288,968 shares of the company’s stock valued at $13,854,000 after acquiring an additional 24,665 shares during the last quarter.

iShares U.S. Healthcare Providers ETF Trading Down 0.3%

Shares of iShares U.S. Healthcare Providers ETF stock opened at $56.46 on Tuesday. The business has a 50-day moving average price of $53.43 and a two-hundred day moving average price of $48.59. iShares U.S. Healthcare Providers ETF has a 1-year low of $40.57 and a 1-year high of $58.30. The company has a market cap of $1.18 billion, a P/E ratio of 15.41 and a beta of 0.72.

About iShares U.S. Healthcare Providers ETF

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.