Harel Insurance Investments & Financial Services Ltd. Acquires 47,700 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Harel Insurance Investments & Financial Services Ltd. boosted its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 263.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,829 shares of the company’s stock after acquiring an additional 47,700 shares during the quarter. Harel Insurance Investments & Financial Services Ltd. owned 0.07% of iShares U.S. Medical Devices ETF worth $3,841,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Modus Advisors LLC bought a new stake in shares of iShares U.S. Medical Devices ETF in the 4th quarter valued at approximately $28,000. RPg Family Wealth Advisory LLC bought a new stake in iShares U.S. Medical Devices ETF in the third quarter valued at $35,000. Truvestments Capital LLC acquired a new position in iShares U.S. Medical Devices ETF during the third quarter worth $53,000. TD Private Client Wealth LLC lifted its holdings in shares of iShares U.S. Medical Devices ETF by 49.8% during the third quarter. TD Private Client Wealth LLC now owns 936 shares of the company’s stock valued at $55,000 after acquiring an additional 311 shares during the period. Finally, Blue Trust Inc. boosted its stake in shares of iShares U.S. Medical Devices ETF by 186.3% in the 3rd quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock valued at $60,000 after purchasing an additional 691 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Down 0.1 %

Shares of iShares U.S. Medical Devices ETF stock opened at $63.87 on Friday. iShares U.S. Medical Devices ETF has a 12-month low of $53.72 and a 12-month high of $63.95. The stock has a market capitalization of $6.04 billion, a P/E ratio of 35.18 and a beta of 0.83. The company has a 50-day simple moving average of $60.20 and a 200 day simple moving average of $58.72.

About iShares U.S. Medical Devices ETF

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.