Mainstream Capital Management LLC Takes Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Mainstream Capital Management LLC purchased a new stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 1,330 shares of the company’s stock, valued at approximately $78,000.

Other large investors have also modified their holdings of the company. Assetmark Inc. lifted its stake in shares of iShares U.S. Medical Devices ETF by 20.7% in the 3rd quarter. Assetmark Inc. now owns 1,615 shares of the company’s stock valued at $96,000 after purchasing an additional 277 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of iShares U.S. Medical Devices ETF by 86.5% in the 4th quarter. Blue Trust Inc. now owns 1,981 shares of the company’s stock valued at $116,000 after purchasing an additional 919 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Medical Devices ETF by 127.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock valued at $71,206,000 after buying an additional 674,168 shares during the period. Savant Capital LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF in the 4th quarter valued at $345,000. Finally, FMR LLC raised its holdings in shares of iShares U.S. Medical Devices ETF by 6.1% in the 3rd quarter. FMR LLC now owns 28,988 shares of the company’s stock valued at $1,717,000 after buying an additional 1,660 shares during the period.

iShares U.S. Medical Devices ETF Trading Up 0.2 %

IHI stock opened at $63.92 on Tuesday. The company has a market capitalization of $6.04 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 12-month low of $53.72 and a 12-month high of $65.18. The business’s fifty day moving average price is $62.28 and its 200 day moving average price is $60.27.

About iShares U.S. Medical Devices ETF

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.