iShares U.S. Healthcare Providers ETF [IHF] Stock Forecast

Sector ETF report for IHF

Investors looking for equities suddenly have more than a few options to consider in this mini-market rally. Whether markets have really priced in Fed action or a possible recession already or not, investors should take a look at healthcare ETFs offering consistency in a strong year for health insurers and pharmaceutical firms.

The annual U.S. inflation rate eased for three months in a row to 8.2% in September. But the data came in at higher than market expectations.

Ark Investment???s Cathie Wood recently forecast an impending deflationary wave, rather than increasing inflation.

The annual inflation rate in the United States eased was 8.3% in August of 2022, above market forecasts of 8.1%.

Sector ETF report for IHF

The substantial exposure to health plans puts them in a favourable position in terms of rates. In other exposures, they are recession resistant, with consumer exposures that are more resilient and less discretionary.

The recently enacted Inflation Reduction Act looks to rein in prescription drug prices and could impact the pharma industry's long-term financial performance. The legislation caps out-of-pocket costs for Medicare prescriptions at $2,000 per year, starting in 2025.

HCA Healthcare Inc. (NYSE: HCA) shares jumped Friday, paring losses in healthcare sector-related exchange traded funds, after beating second quarter earnings expectations. The iShares U.S. Healthcare Providers ETF (IHF) dipped 0.2%.

The yield curve inversion between 10-year and 2-year rates has deepened to a level not seen since 2000, signaling a recession is in the cards.

iShares U.S. Healthcare Providers ETF is a US stock and trading under the symbol IHF

iShares U.S. Healthcare Providers ETF stock price is $277.94 today.

Yes, iShares U.S. Healthcare Providers ETF is a publicly traded company.