iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Acquired by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. boosted its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 0.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 24,875 shares of the company’s stock after buying an additional 160 shares during the quarter. Valley Wealth Managers Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $1,451,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Concord Wealth Partners boosted its holdings in iShares U.S. Medical Devices ETF by 8.7% in the third quarter. Concord Wealth Partners now owns 2,156 shares of the company’s stock valued at $128,000 after purchasing an additional 173 shares in the last quarter. Tyche Wealth Partners LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 5.0% in the fourth quarter. Tyche Wealth Partners LLC now owns 4,198 shares of the company’s stock valued at $245,000 after acquiring an additional 198 shares during the period. LaFleur & Godfrey LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 6.4% in the fourth quarter. LaFleur & Godfrey LLC now owns 3,805 shares of the company’s stock valued at $222,000 after acquiring an additional 228 shares during the period. Montag A & Associates Inc. boosted its holdings in shares of iShares U.S. Medical Devices ETF by 13.7% in the fourth quarter. Montag A & Associates Inc. now owns 2,070 shares of the company’s stock valued at $121,000 after acquiring an additional 250 shares during the period. Finally, Rosenberg Matthew Hamilton boosted its holdings in shares of iShares U.S. Medical Devices ETF by 9.1% in the fourth quarter. Rosenberg Matthew Hamilton now owns 3,090 shares of the company’s stock valued at $180,000 after acquiring an additional 257 shares during the period.

iShares U.S. Medical Devices ETF Trading Down 0.2 %

IHI stock opened at $64.25 on Wednesday. The company has a market capitalization of $6.07 billion, a P/E ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $65.18. The business has a 50 day simple moving average of $61.46 and a 200-day simple moving average of $59.77.

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.