iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Shares Sold by Meridian Financial LLC

Meridian Financial LLC trimmed its holdings in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 11.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor 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.

Other hedge funds have also modified their holdings of the company. WFA of San Diego LLC raised its position in iShares U.S. Healthcare Providers ETF by 49.3% in the third quarter. WFA of San Diego LLC now owns 911 shares of the company’s stock worth $52,000 after acquiring an additional 301 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new position in shares of iShares U.S. Healthcare Providers ETF during the 3rd quarter worth $63,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of iShares U.S. Healthcare Providers ETF in the 3rd quarter valued at about $202,000. Tlwm acquired a new stake in shares of iShares U.S. Healthcare Providers ETF in the third quarter valued at about $216,000. Finally, Stratos Wealth Advisors LLC purchased a new stake in iShares U.S. Healthcare Providers ETF during the third quarter worth about $233,000.

iShares U.S. Healthcare Providers ETF Trading Up 0.4 %

Shares of IHF opened at $49.92 on Friday. The firm’s 50-day moving average is $51.04 and its two-hundred day moving average is $53.87. iShares U.S. Healthcare Providers ETF has a twelve month low of $47.21 and a twelve month high of $58.94. The firm has a market capitalization of $743.81 million, a P/E ratio of 4.28 and a beta of 0.47.

iShares U.S. Healthcare Providers ETF Company 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.