iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC raised its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 5.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 76,659 shares of the company’s stock after acquiring an additional 4,114 shares during the quarter. Private Advisor Group LLC’s holdings in iShares U.S. Medical Devices ETF were worth $4,138,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its position in iShares U.S. Medical Devices ETF by 5,065.2% during the fourth 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 in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of iShares U.S. Medical Devices ETF by 3,415.6% during the third 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 in the last quarter. J Arnold Wealth Management Co acquired a new position in shares of iShares U.S. Medical Devices ETF during the 3rd quarter worth about $24,739,000. Meitav Investment House Ltd. lifted its stake 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 valued at $165,507,000 after buying an additional 436,752 shares in the last quarter. Finally, Modera Wealth Management LLC acquired a new stake in iShares U.S. Medical Devices ETF in the 3rd quarter worth about $19,830,000.

iShares U.S. Medical Devices ETF Price Performance

Shares of iShares U.S. Medical Devices ETF stock opened at $55.86 on Friday. The stock has a market capitalization of $5.28 billion, a P/E ratio of 35.18 and a beta of 0.83. The business has a 50 day simple moving average of $56.69 and a two-hundred day simple moving average of $53.95. iShares U.S. Medical Devices ETF has a 12 month low of $43.96 and a 12 month high of $59.14.

iShares U.S. Medical Devices ETF 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.