Simplex Trading LLC Makes New $1.06 Million Investment in iShares U.S. Medical Devices ETF $IHI

Simplex Trading LLC bought a new stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 20,709 shares of the company’s stock, valued at approximately $1,059,000.

A number of other institutional investors have also recently added to or reduced their stakes in IHI. Venture Visionary Partners LLC increased its holdings in iShares U.S. Medical Devices ETF by 1.7% in the 3rd quarter. Venture Visionary Partners LLC now owns 15,316 shares of the company’s stock valued at $783,000 after purchasing an additional 252 shares in the last quarter. Variant Private Wealth LLC raised its position in iShares U.S. Medical Devices ETF by 4.0% in the third quarter. Variant Private Wealth LLC now owns 12,602 shares of the company’s stock valued at $645,000 after purchasing an additional 479 shares during the period. IFP Advisors Inc raised its position in iShares U.S. Medical Devices ETF by 16.4% in the third quarter. IFP Advisors Inc now owns 3,417 shares of the company’s stock valued at $175,000 after purchasing an additional 481 shares during the period. Paragon Private Wealth Management LLC lifted its stake in shares of iShares U.S. Medical Devices ETF by 4.8% during the first quarter. Paragon Private Wealth Management LLC now owns 11,811 shares of the company’s stock worth $630,000 after purchasing an additional 545 shares in the last quarter. Finally, Scarborough Advisors LLC acquired a new position in shares of iShares U.S. Medical Devices ETF during the first quarter worth about $32,000.

iShares U.S. Medical Devices ETF Price Performance

Shares of NYSEARCA IHI opened at $58.57 on Tuesday. iShares U.S. Medical Devices ETF has a 1-year low of $47.37 and a 1-year high of $64.71. The business has a 50-day moving average of $53.33 and a 200-day moving average of $53.55. The company has a market capitalization of $4.10 billion, a price-to-earnings ratio of 30.76 and a beta of 0.81.

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.