Client 1ST Advisory Group LLC Invests $331,000 in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Client 1ST Advisory Group LLC bought a new stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,676 shares of the company’s stock, valued at approximately $331,000.

Other institutional investors have also added to or reduced their stakes in the company. Blair William & Co. IL increased its position in shares of iShares U.S. Medical Devices ETF by 0.5% during the second quarter. Blair William & Co. IL now owns 103,070 shares of the company’s stock valued at $5,776,000 after buying an additional 508 shares during the period. Benjamin F. Edwards & Company Inc. grew its holdings in shares of iShares U.S. Medical Devices ETF by 4.6% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 25,039 shares of the company’s stock worth $1,403,000 after acquiring an additional 1,111 shares during the period. AlTi Global Inc. bought a new position in shares of iShares U.S. Medical Devices ETF in the 2nd quarter worth approximately $393,000. Daymark Wealth Partners LLC lifted its stake in shares of iShares U.S. Medical Devices ETF by 7.0% in the 2nd quarter. Daymark Wealth Partners LLC now owns 6,238 shares of the company’s stock valued at $350,000 after purchasing an additional 408 shares during the period. Finally, B. Riley Wealth Advisors Inc. boosted its position in shares of iShares U.S. Medical Devices ETF by 10.8% during the second quarter. B. Riley Wealth Advisors Inc. now owns 126,481 shares of the company’s stock valued at $7,088,000 after purchasing an additional 12,338 shares in the last quarter.

iShares U.S. Medical Devices ETF Trading Up 0.4 %

IHI opened at $61.84 on Monday. The company has a market cap of $5.84 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. The stock has a fifty day simple moving average of $59.88 and a two-hundred day simple moving average of $58.50. iShares U.S. Medical Devices ETF has a 12-month low of $53.72 and a 12-month high of $62.06.

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.