iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Sees Unusually-High Trading Volume – What’s Next?

iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) shares saw unusually-high trading volume on Friday . Approximately 934,849 shares traded hands during mid-day trading, an increase of 235% from the previous session’s volume of 278,713 shares.The stock last traded at $47.93 and had previously closed at $47.64.

iShares U.S. Healthcare Providers ETF Stock Performance

The stock has a market capitalization of $762.09 million, a price-to-earnings ratio of 15.41 and a beta of 0.70. The company has a 50-day moving average of $48.94 and a 200-day moving average of $47.38.

Institutional Trading of iShares U.S. Healthcare Providers ETF

A number of large investors have recently made changes to their positions in the stock. Harbor Asset Planning Inc. purchased a new stake in iShares U.S. Healthcare Providers ETF during the 2nd quarter worth about $26,000. Bank of Montreal Can boosted its stake in shares of iShares U.S. Healthcare Providers ETF by 132.1% during the 2nd quarter. Bank of Montreal Can now owns 615 shares of the company’s stock worth $30,000 after purchasing an additional 350 shares during the last quarter. City State Bank grew its holdings in shares of iShares U.S. Healthcare Providers ETF by 47.1% during the third quarter. City State Bank now owns 625 shares of the company’s stock worth $31,000 after buying an additional 200 shares in the last quarter. Brentview Investment Management LLC purchased a new stake in shares of iShares U.S. Healthcare Providers ETF during the third quarter worth about $49,000. Finally, WFA of San Diego LLC acquired a new position in shares of iShares U.S. Healthcare Providers ETF in the second quarter valued at approximately $49,000.

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.