ETF to Buy #3 – iShares Dow Jones U.S. Healthcare Providers Index Fund (IHF)
The iShares Dow Jones U.S. Healthcare Providers Index Fund (NYSE:IHF) invests at least 90% of its assets in the health care sector including HMOs, hospitals, clinics, dental and eye care facilities, nursing homes, and rehabilitation and retirement centers.
With an aging population and a government health plan of some sort pending, this ETF is an ideal way to invest in the growing demands associated with the baby-boomer generation.
Technically IHF broke from a huge triple-top at $65 in March, with a long-term target of $100. But since it is overbought in the short term, our buy under price is $65.
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