Grimes & Company Inc. bought a new stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) during the fourth quarter, Holdings Channel reports. The fund bought 15,385 shares of the company’s stock, valued at approximately $898,000.
A number of other institutional investors have also added to or reduced their stakes in IHI. Modus Advisors LLC purchased a new position in iShares U.S. Medical Devices ETF during the 4th quarter valued at about $28,000. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $35,000. Truvestments Capital LLC bought a new stake in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $53,000. TD Private Client Wealth LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 49.8% in the 3rd 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. boosted its holdings in shares of iShares U.S. Medical Devices ETF by 186.3% in the 3rd quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock valued at $60,000 after buying an additional 691 shares in the last quarter.
iShares U.S. Medical Devices ETF Stock Performance
NYSEARCA:IHI opened at $63.87 on Friday. iShares U.S. Medical Devices ETF has a fifty-two week low of $53.72 and a fifty-two week high of $63.95. The stock has a market capitalization of $6.04 billion, a P/E ratio of 35.18 and a beta of 0.83. The company’s 50-day simple moving average is $60.20 and its 200-day simple moving average is $58.75.
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.
Further Reading
- Five stocks we like better than iShares U.S. Medical Devices ETF
- Why Invest in High-Yield Dividend Stocks?
- Bloom Energy: Powering the Future With Decentralized Energy
- Using the MarketBeat Dividend Tax Calculator
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- How to Use the MarketBeat Excel Dividend Calculator
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
Want to see what other hedge funds are holding IHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report).
Receive News & Ratings for iShares U.S. Medical Devices ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Medical Devices ETF and related companies with MarketBeat.com's FREE daily email newsletter.
