Cerity Partners LLC increased its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 12.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 50,284 shares of the company’s stock after acquiring an additional 5,559 shares during the period. Cerity Partners LLC’s holdings in iShares U.S. Medical Devices ETF were worth $2,714,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Buck Wealth Strategies LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF during the 3rd quarter worth approximately $26,000. GHP Investment Advisors Inc. acquired a new position in iShares U.S. Medical Devices ETF during the third quarter worth $42,000. Resurgent Financial Advisors LLC acquired a new position in iShares U.S. Medical Devices ETF during the fourth quarter worth $42,000. Provence Wealth Management Group acquired a new stake in iShares U.S. Medical Devices ETF in the third quarter valued at $43,000. Finally, Sound Income Strategies LLC grew its holdings in iShares U.S. Medical Devices ETF by 121.6% in the third quarter. Sound Income Strategies LLC now owns 904 shares of the company’s stock valued at $44,000 after purchasing an additional 496 shares during the last quarter.
iShares U.S. Medical Devices ETF Stock Down 0.5 %
NYSEARCA:IHI opened at $54.50 on Friday. iShares U.S. Medical Devices ETF has a 52-week low of $43.96 and a 52-week high of $59.14. The stock has a fifty day simple moving average of $57.20 and a 200-day simple moving average of $53.07. The company has a market capitalization of $5.93 billion, a PE ratio of 33.98 and a beta of 0.85.
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.
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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).
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