Grimes & Company Inc. Takes $396,000 Position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Grimes & Company Inc. acquired a new stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) in the fourth quarter, HoldingsChannel reports. The fund acquired 8,255 shares of the company’s stock, valued at approximately $396,000.

Several other hedge funds and other institutional investors have also modified their holdings of IHF. International Assets Investment Management LLC boosted its holdings in shares of iShares U.S. Healthcare Providers ETF by 5,132.9% during the 3rd quarter. International Assets Investment Management LLC now owns 56,254 shares of the company’s stock worth $3,213,000 after buying an additional 55,179 shares during the period. BNP Paribas Financial Markets bought a new stake in shares of iShares U.S. Healthcare Providers ETF during the 3rd quarter worth about $2,856,000. Leuthold Group LLC boosted its holdings in iShares U.S. Healthcare Providers ETF by 23.7% in the 3rd quarter. Leuthold Group LLC now owns 70,448 shares of the company’s stock valued at $4,023,000 after purchasing an additional 13,506 shares during the period. Farther Finance Advisors LLC bought a new stake in iShares U.S. Healthcare Providers ETF in the 3rd quarter valued at about $590,000. Finally, Good Life Advisors LLC bought a new stake in iShares U.S. Healthcare Providers ETF in the 3rd quarter valued at about $383,000.

iShares U.S. Healthcare Providers ETF Stock Down 0.1 %

NYSEARCA IHF opened at $51.90 on Friday. The company has a market capitalization of $773.31 million, a P/E ratio of 4.28 and a beta of 0.47. iShares U.S. Healthcare Providers ETF has a 12-month low of $47.21 and a 12-month high of $58.94. The firm has a 50-day moving average price of $50.75 and a two-hundred day moving average price of $53.85.

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.