International Assets Investment Management LLC Buys 17,260 Shares of iShares U.S. Medical Devices ETF $IHI

International Assets Investment Management LLC increased its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 365.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,987 shares of the company’s stock after purchasing an additional 17,260 shares during the period. International Assets Investment Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,125,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Venture Visionary Partners LLC boosted its stake in iShares U.S. Medical Devices ETF by 1.7% during 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 increased its position in shares of iShares U.S. Medical Devices ETF by 4.0% during the 3rd 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 increased its position in shares of iShares U.S. Medical Devices ETF by 16.4% during the 3rd 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. Mason & Associates Inc increased its position in shares of iShares U.S. Medical Devices ETF by 10.8% during the 1st 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. Finally, Paragon Private Wealth Management LLC raised its stake in shares of iShares U.S. Medical Devices ETF by 4.8% in the 1st quarter. Paragon Private Wealth Management LLC now owns 11,811 shares of the company’s stock worth $630,000 after buying an additional 545 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Up 6.7%

Shares of iShares U.S. Medical Devices ETF stock opened at $60.22 on Thursday. The firm has a market cap of $4.03 billion, a price-to-earnings ratio of 30.76 and a beta of 0.81. The business has a fifty day simple moving average of $53.13 and a 200-day simple moving average of $53.60. iShares U.S. Medical Devices ETF has a fifty-two week low of $47.37 and a fifty-two week high of $64.71.

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.