iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Get Free Report) shares saw unusually-strong trading volume on Wednesday. Approximately 3,617,311 shares changed hands during trading, an increase of 40% from the previous session’s volume of 2,579,668 shares. The stock last traded at $53.1820 and had previously closed at $54.27.
iShares U.S. Medical Devices ETF Price Performance
The company has a market capitalization of $3.50 billion, a P/E ratio of 30.76 and a beta of 0.82. The company has a fifty day moving average price of $53.07 and a two-hundred day moving average price of $51.87.
Institutional Investors Weigh In On iShares U.S. Medical Devices ETF
Institutional investors have recently added to or reduced their stakes in the business. Venture Visionary Partners LLC increased its position 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 acquiring an additional 252 shares during the period. Variant Private Wealth LLC grew its stake in shares of 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 worth $645,000 after purchasing an additional 479 shares during the last quarter. IFP Advisors Inc grew its stake in shares of 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 worth $175,000 after purchasing an additional 481 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in iShares U.S. Medical Devices ETF by 1.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 33,170 shares of the company’s stock valued at $2,062,000 after purchasing an additional 509 shares during the period. Finally, Mason & Associates Inc increased its holdings in iShares U.S. Medical Devices ETF by 10.8% in the first quarter. Mason & Associates Inc now owns 5,477 shares of the company’s stock valued at $288,000 after purchasing an additional 533 shares during the period.
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.
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