iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Short Interest Update

iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 323,006 shares, a decrease of 25.4% from the January 29th total of 433,178 shares. Currently, 2.0% of the shares of the stock are short sold. Based on an average trading volume of 250,709 shares, the days-to-cover ratio is presently 1.3 days. Based on an average trading volume of 250,709 shares, the days-to-cover ratio is presently 1.3 days. Currently, 2.0% of the shares of the stock are short sold.

iShares U.S. Healthcare Providers ETF Price Performance

Shares of NYSEARCA IHF traded down $0.14 during trading on Monday, hitting $46.00. 182,425 shares of the company were exchanged, compared to its average volume of 319,458. iShares U.S. Healthcare Providers ETF has a 1 year low of $40.57 and a 1 year high of $54.93. The company has a market cap of $742.90 million, a price-to-earnings ratio of 15.41 and a beta of 0.70. The firm’s fifty day moving average price is $47.31 and its 200 day moving average price is $48.12.

Institutional Investors Weigh In On iShares U.S. Healthcare Providers ETF

A number of institutional investors and hedge funds have recently modified their holdings of IHF. Sather Financial Group Inc acquired a new position in iShares U.S. Healthcare Providers ETF during the third quarter worth $42,377,000. BNP Paribas Financial Markets purchased a new position in shares of iShares U.S. Healthcare Providers ETF in the third quarter valued at $24,695,000. Element Pointe Advisors LLC purchased a new position in shares of iShares U.S. Healthcare Providers ETF in the third quarter valued at $15,602,000. Quadrature Capital Ltd acquired a new position in shares of iShares U.S. Healthcare Providers ETF during the 4th quarter worth $13,105,000. Finally, Private Advisory Group LLC purchased a new stake in shares of iShares U.S. Healthcare Providers ETF in the 4th quarter worth about $7,245,000.

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.