iShares U.S. Healthcare Providers ETF $IHF Shares Newly Purchased by Leuthold Group LLC

Leuthold Group LLC purchased a new stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 35,000 shares of the company’s stock, valued at approximately $1,921,000. Leuthold Group LLC owned 0.14% of iShares U.S. Healthcare Providers ETF as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IHF. Royal Bank of Canada raised its stake in shares of iShares U.S. Healthcare Providers ETF by 15.8% during the first quarter. Royal Bank of Canada now owns 574,425 shares of the company’s stock worth $24,040,000 after purchasing an additional 78,235 shares during the last quarter. Tidal Investments LLC purchased a new position in iShares U.S. Healthcare Providers ETF during the 2nd quarter worth $20,916,000. Element Pointe Advisors LLC raised its position in iShares U.S. Healthcare Providers ETF by 9.6% during the 1st quarter. Element Pointe Advisors LLC now owns 444,622 shares of the company’s stock worth $18,607,000 after buying an additional 38,996 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares U.S. Healthcare Providers ETF by 103.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 333,171 shares of the company’s stock worth $18,434,000 after acquiring an additional 169,222 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of iShares U.S. Healthcare Providers ETF by 9.2% in the 1st quarter. Bank of America Corp DE now owns 389,123 shares of the company’s stock worth $16,285,000 after acquiring an additional 32,889 shares during the period.

iShares U.S. Healthcare Providers ETF Stock Up 1.4%

Shares of NYSEARCA:IHF opened at $60.56 on Wednesday. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 15.41 and a beta of 0.68. The firm’s 50-day simple moving average is $57.65 and its 200-day simple moving average is $52.01. iShares U.S. Healthcare Providers ETF has a fifty-two week low of $40.85 and a fifty-two week high of $61.57.

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.