Sather Financial Group Inc Buys 108,457 Shares of iShares U.S. Healthcare Providers ETF $IHF

Sather Financial Group Inc lifted its stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 11.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,017,415 shares of the company’s stock after buying an additional 108,457 shares during the period. iShares U.S. Healthcare Providers ETF makes up approximately 2.6% of Sather Financial Group Inc’s holdings, making the stock its 16th largest holding. Sather Financial Group Inc owned about 6.42% of iShares U.S. Healthcare Providers ETF worth $42,579,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of IHF. BNP Paribas Financial Markets purchased a new stake in iShares U.S. Healthcare Providers ETF during the 3rd quarter valued at about $24,695,000. Quadrature Capital Ltd purchased a new position in iShares U.S. Healthcare Providers ETF in the 4th quarter worth approximately $13,105,000. Private Advisory Group LLC purchased a new position in iShares U.S. Healthcare Providers ETF in the 4th quarter worth approximately $7,245,000. UBS Group AG increased its stake in iShares U.S. Healthcare Providers ETF by 78.5% in the 3rd quarter. UBS Group AG now owns 264,303 shares of the company’s stock worth $13,054,000 after purchasing an additional 116,242 shares during the period. Finally, Element Pointe Advisors LLC lifted its position in iShares U.S. Healthcare Providers ETF by 28.4% in the fourth quarter. Element Pointe Advisors LLC now owns 405,626 shares of the company’s stock valued at $19,447,000 after purchasing an additional 89,723 shares during the last quarter.

iShares U.S. Healthcare Providers ETF Trading Up 1.6%

Shares of NYSEARCA:IHF traded up $0.89 during trading on Tuesday, reaching $57.76. 148,935 shares of the company traded hands, compared to its average volume of 438,384. The firm has a market capitalization of $1.22 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 $40.57 and a 52-week high of $57.90. The business’s fifty day moving average is $51.72 and its 200-day moving average is $47.96.

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.