Arkansas Financial Group Inc. Purchases 5,172 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Arkansas Financial Group Inc. boosted its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 2.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 183,268 shares of the company’s stock after purchasing an additional 5,172 shares during the period. iShares U.S. Medical Devices ETF comprises approximately 1.7% of Arkansas Financial Group Inc.’s investment portfolio, making the stock its 15th biggest position. Arkansas Financial Group Inc. owned 0.19% of iShares U.S. Medical Devices ETF worth $10,694,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Modus Advisors LLC acquired a new stake in iShares U.S. Medical Devices ETF in the fourth quarter valued at about $28,000. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the 3rd quarter valued at approximately $35,000. Truvestments Capital LLC acquired a new position in iShares U.S. Medical Devices ETF during the 3rd quarter worth approximately $53,000. TD Private Client Wealth LLC boosted its position in iShares U.S. Medical Devices ETF by 49.8% in the third quarter. TD Private Client Wealth LLC now owns 936 shares of the company’s stock valued at $55,000 after buying an additional 311 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in shares of iShares U.S. Medical Devices ETF by 186.3% during the third quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock worth $60,000 after buying an additional 691 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA:IHI opened at $63.25 on Thursday. iShares U.S. Medical Devices ETF has a 52-week low of $53.72 and a 52-week high of $63.79. The company has a market capitalization of $5.98 billion, a PE ratio of 35.18 and a beta of 0.83. The company has a fifty day moving average of $60.02 and a 200-day moving average of $58.63.

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.