Northwestern Mutual Wealth Management Co. Has $5.25 Million Holdings in iShares U.S. Healthcare Providers ETF $IHF

Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 37.6% in the fourth quarter, Holdings Channel reports. The firm owned 109,446 shares of the company’s stock after buying an additional 29,878 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares U.S. Healthcare Providers ETF were worth $5,247,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. WealthShield Partners LLC acquired a new stake in shares of iShares U.S. Healthcare Providers ETF during the fourth quarter worth $37,000. International Assets Investment Management LLC bought a new position in iShares U.S. Healthcare Providers ETF during the fourth quarter worth about $42,000. Brentview Investment Management LLC bought a new position in iShares U.S. Healthcare Providers ETF during the third quarter worth about $49,000. High Point Wealth Management LLC bought a new position in iShares U.S. Healthcare Providers ETF during the fourth quarter worth about $48,000. Finally, WFA of San Diego LLC bought a new position in iShares U.S. Healthcare Providers ETF during the second quarter worth about $49,000.

iShares U.S. Healthcare Providers ETF Trading Up 0.1%

IHF stock opened at $50.01 on Thursday. The business’s 50-day moving average price is $47.07 and its two-hundred day moving average price is $47.04. The firm has a market cap of $805.16 million, a PE ratio of 15.41 and a beta of 0.74. iShares U.S. Healthcare Providers ETF has a 1-year low of $40.57 and a 1-year high of $51.99.

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.