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

Northwestern Mutual Wealth Management Co. grew its position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 37.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 109,446 shares of the company’s stock after purchasing an additional 29,878 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.68% of iShares U.S. Healthcare Providers ETF worth $5,247,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IHF. BNP Paribas Financial Markets acquired a new position in iShares U.S. Healthcare Providers ETF in the 3rd quarter worth about $24,695,000. Element Pointe Advisors LLC acquired a new position in iShares U.S. Healthcare Providers ETF in the 3rd quarter worth about $15,602,000. Private Advisory Group LLC acquired a new position in iShares U.S. Healthcare Providers ETF in the 4th quarter worth about $7,245,000. Kingsview Wealth Management LLC increased its position in iShares U.S. Healthcare Providers ETF by 69.8% in the 3rd quarter. Kingsview Wealth Management LLC now owns 351,526 shares of the company’s stock worth $17,362,000 after purchasing an additional 144,524 shares during the last quarter. Finally, UBS Group AG increased its position in iShares U.S. Healthcare Providers ETF by 78.5% in the 3rd quarter. UBS Group AG now owns 264,303 shares of the company’s stock worth $13,054,000 after purchasing an additional 116,242 shares during the last quarter.

iShares U.S. Healthcare Providers ETF Price Performance

Shares of IHF stock opened at $50.01 on Thursday. The firm has a market cap of $805.16 million, a P/E ratio of 15.41 and a beta of 0.74. The stock’s 50-day moving average is $47.07 and its two-hundred day moving average is $47.04. iShares U.S. Healthcare Providers ETF has a fifty-two week low of $40.57 and a fifty-two week 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.