Valicenti Advisory Services Inc. Makes New $5.88 Million Investment in iShares U.S. Medical Devices ETF $IHI

Valicenti Advisory Services Inc. purchased a new stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 94,525 shares of the company’s stock, valued at approximately $5,875,000. iShares U.S. Medical Devices ETF comprises approximately 1.2% of Valicenti Advisory Services Inc.’s portfolio, making the stock its 24th biggest holding. Valicenti Advisory Services Inc. owned approximately 0.14% of iShares U.S. Medical Devices ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Smartleaf Asset Management LLC raised its position in shares of iShares U.S. Medical Devices ETF by 740.0% in the third quarter. Smartleaf Asset Management LLC now owns 420 shares of the company’s stock valued at $25,000 after purchasing an additional 370 shares during the period. FWL Investment Management LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the third quarter worth $27,000. Group One Trading LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the second quarter worth $29,000. Glass Jacobson Investment Advisors llc raised its stake in iShares U.S. Medical Devices ETF by 108.7% in the third quarter. Glass Jacobson Investment Advisors llc now owns 622 shares of the company’s stock valued at $37,000 after purchasing an additional 324 shares in the last quarter. Finally, Mather Group LLC. acquired a new stake in iShares U.S. Medical Devices ETF during the third quarter worth about $39,000.

iShares U.S. Medical Devices ETF Trading Up 0.1%

iShares U.S. Medical Devices ETF stock opened at $53.43 on Thursday. The stock has a 50-day moving average price of $57.53 and a two-hundred day moving average price of $60.26. iShares U.S. Medical Devices ETF has a 12 month low of $52.13 and a 12 month high of $64.71. The company has a market capitalization of $3.18 billion, a PE ratio of 30.76 and a beta of 0.89.

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.