Peapack Gladstone Financial Corp Sells 2,127 Shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Peapack Gladstone Financial Corp lessened its stake in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 3.2% in the third quarter, HoldingsChannel reports. The firm owned 64,538 shares of the company’s stock after selling 2,127 shares during the period. Peapack Gladstone Financial Corp’s holdings in iShares U.S. Healthcare Providers ETF were worth $3,686,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its holdings in shares of iShares U.S. Healthcare Providers ETF by 5,132.9% in the third quarter. International Assets Investment Management LLC now owns 56,254 shares of the company’s stock worth $3,213,000 after buying an additional 55,179 shares during the last quarter. BNP Paribas Financial Markets bought a new position in iShares U.S. Healthcare Providers ETF in the third quarter worth approximately $2,856,000. Leuthold Group LLC boosted its stake in shares of iShares U.S. Healthcare Providers ETF by 23.7% during the 3rd quarter. Leuthold Group LLC now owns 70,448 shares of the company’s stock worth $4,023,000 after acquiring an additional 13,506 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in shares of iShares U.S. Healthcare Providers ETF during the 3rd quarter valued at $590,000. Finally, Good Life Advisors LLC purchased a new stake in shares of iShares U.S. Healthcare Providers ETF in the 3rd quarter worth $383,000.

iShares U.S. Healthcare Providers ETF Stock Performance

NYSEARCA IHF opened at $50.11 on Friday. The business’s fifty day moving average is $53.60 and its 200 day moving average is $54.46. The company has a market capitalization of $746.64 million, a PE ratio of 4.28 and a beta of 0.47. iShares U.S. Healthcare Providers ETF has a fifty-two week low of $49.69 and a fifty-two week high of $58.94.

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.