RWA Wealth Partners LLC Takes $3.62 Million Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

RWA Wealth Partners LLC acquired a new stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 66,978 shares of the company’s stock, valued at approximately $3,615,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Meitav Investment House Ltd. raised its holdings in iShares U.S. Medical Devices ETF by 16.6% in the 4th quarter. Meitav Investment House Ltd. now owns 3,068,436 shares of the company’s stock worth $165,507,000 after purchasing an additional 436,752 shares during the period. Envestnet Asset Management Inc. raised its holdings in iShares U.S. Medical Devices ETF by 25.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,178,217 shares of the company’s stock worth $57,144,000 after purchasing an additional 241,824 shares during the period. International Assets Investment Management LLC raised its holdings in iShares U.S. Medical Devices ETF by 5,065.2% in the 4th quarter. International Assets Investment Management LLC now owns 948,285 shares of the company’s stock worth $51,179,000 after purchasing an additional 929,926 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its holdings in iShares U.S. Medical Devices ETF by 3,415.6% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 750,446 shares of the company’s stock worth $36,456,000 after purchasing an additional 729,100 shares during the period. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD raised its holdings in iShares U.S. Medical Devices ETF by 68.7% in the 3rd quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 552,661 shares of the company’s stock worth $27,367,000 after purchasing an additional 224,965 shares during the period.

iShares U.S. Medical Devices ETF Trading Up 0.5 %

NYSEARCA IHI opened at $54.97 on Tuesday. The stock has a market capitalization of $5.24 billion, a price-to-earnings ratio of 34.68 and a beta of 0.82. iShares U.S. Medical Devices ETF has a twelve month low of $43.96 and a twelve month high of $59.14. The stock has a 50-day moving average of $57.11 and a 200 day moving average of $53.24.

iShares U.S. Medical Devices ETF Company Profile

The iShares U.S. Medical Devices ETF (IHI) is an exchange-traded fund that is based on the DJ US Select \u002F Medical Equipment index, a market-cap-weighted index of manufacturers and distributors of medical devices in the US. IHI was launched on May 1, 2006 and is managed by BlackRock.