iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC reduced its stake in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 1.6% in the 1st quarter, Holdings Channel reports. The fund owned 20,567 shares of the company’s stock after selling 333 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares U.S. Healthcare Providers ETF were worth $1,086,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Oppenheimer & Co. Inc. purchased a new stake in shares of iShares U.S. Healthcare Providers ETF in the fourth quarter valued at approximately $830,000. PCG Asset Management LLC purchased a new stake in shares of iShares U.S. Healthcare Providers ETF in the fourth quarter valued at approximately $222,000. Jones Financial Companies Lllp increased its position in shares of iShares U.S. Healthcare Providers ETF by 32.3% during the fourth quarter. Jones Financial Companies Lllp now owns 24,503 shares of the company’s stock worth $1,176,000 after purchasing an additional 5,979 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of iShares U.S. Healthcare Providers ETF by 3.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,355 shares of the company’s stock worth $497,000 after purchasing an additional 378 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of iShares U.S. Healthcare Providers ETF during the fourth quarter worth approximately $4,834,000.

iShares U.S. Healthcare Providers ETF Stock Performance

Shares of IHF opened at $48.24 on Friday. iShares U.S. Healthcare Providers ETF has a one year low of $44.62 and a one year high of $58.94. The stock has a market capitalization of $658.48 million, a price-to-earnings ratio of 19.54 and a beta of 0.81. The stock has a 50 day moving average price of $48.19 and a 200 day moving average price of $50.12.

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.