iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Shares Gap Up – What’s Next?

iShares U.S. Healthcare Providers ETF (NYSEARCA:IHFGet Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $43.02, but opened at $44.70. iShares U.S. Healthcare Providers ETF shares last traded at $44.10, with a volume of 381,320 shares trading hands.

iShares U.S. Healthcare Providers ETF Price Performance

The stock has a 50 day simple moving average of $44.37 and a two-hundred day simple moving average of $47.37. The company has a market cap of $714.55 million, a PE ratio of 15.41 and a beta of 0.67.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IHF. O Shaughnessy Asset Management LLC lifted its stake in iShares U.S. Healthcare Providers ETF by 145.2% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 613 shares of the company’s stock valued at $29,000 after buying an additional 363 shares during the last quarter. City State Bank lifted its stake in iShares U.S. Healthcare Providers ETF by 47.1% in the third quarter. City State Bank now owns 625 shares of the company’s stock valued at $31,000 after buying an additional 200 shares during the last quarter. Strive Financial Group LLC purchased a new stake in iShares U.S. Healthcare Providers ETF in the fourth quarter valued at approximately $32,000. Arax Advisory Partners purchased a new stake in iShares U.S. Healthcare Providers ETF in the fourth quarter valued at approximately $35,000. Finally, WealthShield Partners LLC purchased a new stake in iShares U.S. Healthcare Providers ETF in the fourth quarter valued at approximately $37,000.

iShares U.S. Healthcare Providers ETF Company Profile

(Get Free Report)

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.

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