Envestnet Portfolio Solutions Inc. Takes Position in iShares U.S. Healthcare Providers ETF $IHF

Envestnet Portfolio Solutions Inc. bought a new stake in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 15,417 shares of the company’s stock, valued at approximately $761,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Harbor Asset Planning Inc. acquired a new position in iShares U.S. Healthcare Providers ETF during the second quarter valued at $26,000. Bank of Montreal Can grew its stake in 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 valued at $30,000 after acquiring an additional 350 shares in the last quarter. City State Bank grew its stake in iShares U.S. Healthcare Providers ETF by 47.1% during the 3rd quarter. City State Bank now owns 625 shares of the company’s stock valued at $31,000 after acquiring an additional 200 shares in the last quarter. WFA of San Diego LLC acquired a new position in shares of iShares U.S. Healthcare Providers ETF in the 2nd quarter valued at about $49,000. Finally, RMG Wealth Management LLC purchased a new stake in shares of iShares U.S. Healthcare Providers ETF in the second quarter worth approximately $56,000.

iShares U.S. Healthcare Providers ETF Stock Up 0.0%

iShares U.S. Healthcare Providers ETF stock opened at $45.71 on Friday. iShares U.S. Healthcare Providers ETF has a 12 month low of $40.57 and a 12 month high of $54.93. The stock has a market cap of $729.07 million, a P/E ratio of 15.41 and a beta of 0.70. The company’s fifty day simple moving average is $48.56 and its 200-day simple moving average is $47.64.

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.