Meridian Financial LLC Trims Stock Position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Meridian Financial LLC trimmed its holdings in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 11.0% in the fourth quarter, HoldingsChannel reports. The firm owned 7,065 shares of the company’s stock after selling 875 shares during the period. Meridian Financial LLC’s holdings in iShares U.S. Healthcare Providers ETF were worth $339,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of IHF. Kingsview Wealth Management LLC increased its position in iShares U.S. Healthcare Providers ETF by 1.4% during the third quarter. Kingsview Wealth Management LLC now owns 116,973 shares of the company’s stock worth $6,680,000 after buying an additional 1,630 shares in the last quarter. Leuthold Group LLC grew its holdings in shares of iShares U.S. Healthcare Providers ETF by 23.7% during the third quarter. Leuthold Group LLC now owns 70,448 shares of the company’s stock worth $4,023,000 after buying an additional 13,506 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of iShares U.S. Healthcare Providers ETF by 5,132.9% during the third quarter. International Assets Investment Management LLC now owns 56,254 shares of the company’s stock valued at $3,213,000 after buying an additional 55,179 shares during the period. Mason & Associates Inc lifted its stake in shares of iShares U.S. Healthcare Providers ETF by 5.5% during the fourth quarter. Mason & Associates Inc now owns 51,232 shares of the company’s stock valued at $2,459,000 after buying an additional 2,654 shares during the period. Finally, BNP Paribas Financial Markets purchased a new stake in iShares U.S. Healthcare Providers ETF in the 3rd quarter worth approximately $2,856,000.

iShares U.S. Healthcare Providers ETF Stock Performance

Shares of IHF opened at $49.92 on Friday. iShares U.S. Healthcare Providers ETF has a fifty-two week low of $47.21 and a fifty-two week high of $58.94. The stock has a fifty day moving average of $51.04 and a two-hundred day moving average of $53.87. The company has a market capitalization of $743.81 million, a PE ratio of 4.28 and a beta of 0.47.

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.