IHF Stock Summary and Trading Ideas (iShares U.S. Healthcare Providers ETF | ARCA:IHF)

The iShares Dow Jones U.S. Healthcare Providers Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Health Care Providers Index.

iShares U.S. Healthcare Providers ETF trades on the ARCA stock market under the symbol IHF.

As of May 8, 2024, IHF stock price climbed to $52.54 with 15,516 million shares trading.

IHF has a beta of 0.25, meaning it tends to be less sensitive to market movements. IHF has a correlation of 0.05 to the broad based SPY ETF.

IHF has a market cap of $782.85 million. This is considered a Small Cap stock.

In the last 3 years, IHF stock traded as high as $59.46 and as low as $47.45.

IHF has underperformed the market in the last year with a price return of +4.3% while the SPY ETF gained +26.8%. IHF has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.3% and +0.4%, respectively, while the SPY returned +4.0% and +2.1%, respectively.

IHF support price is $51.99 and resistance is $53.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IHF stock will trade within this expected range on the day.