iShares U.S. Healthcare Providers ETF $IHF Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its position in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 53.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 121,745 shares of the company’s stock after acquiring an additional 42,177 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares U.S. Healthcare Providers ETF were worth $5,836,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Envestnet Portfolio Solutions Inc. acquired a new position in shares of iShares U.S. Healthcare Providers ETF during the third quarter valued at approximately $761,000. Investment House LLC acquired a new position in shares of iShares U.S. Healthcare Providers ETF during the third quarter valued at approximately $722,000. Sage Advisory Services Ltd.Co. acquired a new position in shares of iShares U.S. Healthcare Providers ETF during the third quarter valued at approximately $4,639,000. Northland Securities Inc. acquired a new position in shares of iShares U.S. Healthcare Providers ETF during the fourth quarter valued at approximately $572,000. Finally, Cox Capital Mgt LLC acquired a new position in shares of iShares U.S. Healthcare Providers ETF during the fourth quarter valued at approximately $740,000.

iShares U.S. Healthcare Providers ETF Price Performance

Shares of iShares U.S. Healthcare Providers ETF stock opened at $50.66 on Friday. The business has a 50 day simple moving average of $45.94 and a two-hundred day simple moving average of $46.94. iShares U.S. Healthcare Providers ETF has a 12 month low of $40.57 and a 12 month high of $51.99. The stock has a market capitalization of $815.63 million, a P/E ratio of 15.41 and a beta of 0.74.

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.