Dumont & Blake Investment Advisors LLC Purchases 13,075 Shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Dumont & Blake Investment Advisors LLC increased its holdings in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 393.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,401 shares of the company’s stock after acquiring an additional 13,075 shares during the period. Dumont & Blake Investment Advisors LLC owned about 0.43% of iShares U.S. Healthcare Providers ETF worth $895,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IHF. International Assets Investment Management LLC bought a new position in shares of iShares U.S. Healthcare Providers ETF during the 4th quarter valued at approximately $14,821,000. Trust Co. of Toledo NA OH grew its holdings in iShares U.S. Healthcare Providers ETF by 419.4% during the first quarter. Trust Co. of Toledo NA OH now owns 24,365 shares of the company’s stock valued at $1,329,000 after purchasing an additional 19,674 shares during the period. CPR Investments Inc. purchased a new stake in iShares U.S. Healthcare Providers ETF in the fourth quarter worth $2,779,000. Evanson Asset Management LLC increased its position in iShares U.S. Healthcare Providers ETF by 400.6% in the first quarter. Evanson Asset Management LLC now owns 12,125 shares of the company’s stock worth $661,000 after buying an additional 9,703 shares during the last quarter. Finally, Twin Focus Capital Partners LLC bought a new stake in shares of iShares U.S. Healthcare Providers ETF in the fourth quarter valued at $2,295,000.

iShares U.S. Healthcare Providers ETF Trading Up 0.6 %

Shares of IHF stock traded up $0.32 during trading on Friday, reaching $52.42. 133,503 shares of the company’s stock traded hands, compared to its average volume of 90,440. The firm’s 50-day moving average is $52.46 and its 200 day moving average is $52.66. The company has a market capitalization of $781.06 million, a P/E ratio of 4.28 and a beta of 0.47. iShares U.S. Healthcare Providers ETF has a 1 year low of $48.58 and a 1 year high of $54.72.

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.