Bristlecone Advisors LLC Cuts Stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Bristlecone Advisors LLC lowered its stake in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 8.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,790 shares of the company’s stock after selling 350 shares during the period. Bristlecone Advisors LLC’s holdings in iShares U.S. Healthcare Providers ETF were worth $216,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of IHF. Register Financial Advisors LLC increased its stake in shares of iShares U.S. Healthcare Providers ETF by 400.0% during the first quarter. Register Financial Advisors LLC now owns 455 shares of the company’s stock worth $25,000 after purchasing an additional 364 shares in the last quarter. CNB Bank increased its stake in shares of iShares U.S. Healthcare Providers ETF by 400.0% during the first quarter. CNB Bank now owns 610 shares of the company’s stock worth $33,000 after purchasing an additional 488 shares in the last quarter. Cape Investment Advisory Inc. increased its stake in shares of iShares U.S. Healthcare Providers ETF by 400.0% during the first quarter. Cape Investment Advisory Inc. now owns 715 shares of the company’s stock worth $39,000 after purchasing an additional 572 shares in the last quarter. Concourse Financial Group Securities Inc. increased its stake in shares of iShares U.S. Healthcare Providers ETF by 336.4% during the first quarter. Concourse Financial Group Securities Inc. now owns 864 shares of the company’s stock worth $47,000 after purchasing an additional 666 shares in the last quarter. Finally, Financial Gravity Asset Management Inc. increased its stake in shares of iShares U.S. Healthcare Providers ETF by 2,953.3% during the second quarter. Financial Gravity Asset Management Inc. now owns 916 shares of the company’s stock worth $48,000 after purchasing an additional 886 shares in the last quarter.

iShares U.S. Healthcare Providers ETF Stock Down 0.4 %

IHF stock opened at $52.71 on Monday. The stock has a market capitalization of $785.38 million, a P/E ratio of 4.28 and a beta of 0.47. The firm has a 50-day simple moving average of $56.48 and a 200-day simple moving average of $54.26. iShares U.S. Healthcare Providers ETF has a 52 week low of $48.58 and a 52 week high of $58.94.

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.