Vontobel Holding Ltd. Has $1.52 Million Stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Vontobel Holding Ltd. increased its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 4.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 28,172 shares of the company’s stock after acquiring an additional 1,192 shares during the quarter. Vontobel Holding Ltd.’s holdings in iShares U.S. Medical Devices ETF were worth $1,520,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Cedar Brook Financial Partners LLC increased its stake in shares of iShares U.S. Medical Devices ETF by 0.6% in the fourth quarter. Cedar Brook Financial Partners LLC now owns 30,683 shares of the company’s stock valued at $1,700,000 after buying an additional 183 shares during the period. Avitas Wealth Management LLC increased its position in iShares U.S. Medical Devices ETF by 3.5% during the 1st quarter. Avitas Wealth Management LLC now owns 5,993 shares of the company’s stock valued at $324,000 after purchasing an additional 200 shares during the period. Realta Investment Advisors increased its position in iShares U.S. Medical Devices ETF by 4.2% during the 4th quarter. Realta Investment Advisors now owns 5,728 shares of the company’s stock valued at $309,000 after purchasing an additional 233 shares during the period. Wealthfront Advisers LLC increased its position in iShares U.S. Medical Devices ETF by 2.9% during the 1st quarter. Wealthfront Advisers LLC now owns 9,023 shares of the company’s stock valued at $550,000 after purchasing an additional 256 shares during the period. Finally, Gladstone Institutional Advisory LLC increased its position in iShares U.S. Medical Devices ETF by 2.8% during the 1st quarter. Gladstone Institutional Advisory LLC now owns 9,432 shares of the company’s stock valued at $509,000 after purchasing an additional 259 shares during the period.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA:IHI opened at $54.36 on Friday. The company has a market capitalization of $5.91 billion, a PE ratio of 33.98 and a beta of 0.85. The company has a 50 day simple moving average of $57.16 and a two-hundred day simple moving average of $53.12. iShares U.S. Medical Devices ETF has a fifty-two week low of $43.96 and a fifty-two week high of $59.14.

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.