Quantitative Investment Management LLC Buys New Shares in iShares U.S. Healthcare Providers ETF $IHF

Quantitative Investment Management LLC bought a new position in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) during the second quarter, HoldingsChannel reports. The firm bought 93,677 shares of the company’s stock, valued at approximately $4,628,000.

Other large investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its holdings in shares of iShares U.S. Healthcare Providers ETF by 7.1% during the 1st quarter. NewEdge Advisors LLC now owns 10,523 shares of the company’s stock worth $556,000 after purchasing an additional 700 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in iShares U.S. Healthcare Providers ETF by 6.3% in the first quarter. Goldman Sachs Group Inc. now owns 124,536 shares of the company’s stock worth $6,576,000 after purchasing an additional 7,393 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares U.S. Healthcare Providers ETF by 5.0% during the second quarter. JPMorgan Chase & Co. now owns 39,796 shares of the company’s stock worth $1,936,000 after buying an additional 1,887 shares in the last quarter. Cerity Partners LLC increased its holdings in iShares U.S. Healthcare Providers ETF by 4.8% in the 2nd quarter. Cerity Partners LLC now owns 13,699 shares of the company’s stock valued at $666,000 after buying an additional 632 shares during the period. Finally, Raymond James Financial Inc. raised its stake in shares of iShares U.S. Healthcare Providers ETF by 27.9% in the 2nd quarter. Raymond James Financial Inc. now owns 55,731 shares of the company’s stock valued at $2,711,000 after buying an additional 12,174 shares in the last quarter.

iShares U.S. Healthcare Providers ETF Stock Performance

NYSEARCA:IHF opened at $56.85 on Monday. The company has a 50-day moving average of $56.52 and a 200-day moving average of $50.41. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 15.41 and a beta of 0.72. iShares U.S. Healthcare Providers ETF has a 52 week low of $40.85 and a 52 week high of $58.30.

iShares U.S. Healthcare Providers ETF 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.