Stephens Inc. AR Purchases 769 Shares of iShares U.S. Medical Devices ETF $IHI

Stephens Inc. AR grew its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 9.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,167 shares of the company’s stock after acquiring an additional 769 shares during the quarter. Stephens Inc. AR’s holdings in iShares U.S. Medical Devices ETF were worth $574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Wayfinding Financial LLC bought a new stake in iShares U.S. Medical Devices ETF in the 1st quarter worth approximately $25,000. Legend Financial Advisors Inc. bought a new stake in iShares U.S. Medical Devices ETF in the 2nd quarter worth approximately $36,000. Columbia River Financial Group LLC bought a new stake in iShares U.S. Medical Devices ETF in the 1st quarter worth approximately $34,000. Westside Investment Management Inc. increased its stake in iShares U.S. Medical Devices ETF by 97.0% during the first quarter. Westside Investment Management Inc. now owns 650 shares of the company’s stock worth $39,000 after acquiring an additional 320 shares during the last quarter. Finally, RMG Wealth Management LLC bought a new stake in iShares U.S. Medical Devices ETF during the second quarter worth approximately $58,000.

iShares U.S. Medical Devices ETF Price Performance

Shares of NYSEARCA IHI opened at $61.87 on Friday. The business’s 50 day moving average is $60.89 and its two-hundred day moving average is $60.70. iShares U.S. Medical Devices ETF has a 1-year low of $52.90 and a 1-year high of $65.18. The stock has a market capitalization of $4.24 billion, a P/E ratio of 30.76 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.