Peapack Gladstone Financial Corp Has $3.69 Million Position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Peapack Gladstone Financial Corp decreased its holdings in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 3.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 64,538 shares of the company’s stock after selling 2,127 shares during the period. Peapack Gladstone Financial Corp owned approximately 0.43% of iShares U.S. Healthcare Providers ETF worth $3,686,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. MML Investors Services LLC increased its holdings in shares of iShares U.S. Healthcare Providers ETF by 3.6% in the third quarter. MML Investors Services LLC now owns 21,588 shares of the company’s stock worth $1,233,000 after acquiring an additional 747 shares in the last quarter. Stifel Financial Corp raised its holdings in iShares U.S. Healthcare Providers ETF by 6.1% during the 3rd quarter. Stifel Financial Corp now owns 11,007 shares of the company’s stock worth $629,000 after buying an additional 637 shares during the period. WFA of San Diego LLC lifted its stake 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 valued at $52,000 after buying an additional 301 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in shares of iShares U.S. Healthcare Providers ETF in the third quarter valued at approximately $2,856,000. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of iShares U.S. Healthcare Providers ETF during the third quarter worth $63,000.

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

IHF opened at $50.11 on Friday. The firm’s fifty day simple moving average is $53.60 and its 200 day simple moving average is $54.46. The stock has a market capitalization of $746.64 million, a P/E ratio of 4.28 and a beta of 0.47. iShares U.S. Healthcare Providers ETF has a 12 month low of $49.69 and a 12 month 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.