Creative Planning Purchases 9,537 Shares of iShares U.S. Medical Devices ETF $IHI

Creative Planning grew its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 31.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 40,034 shares of the company’s stock after purchasing an additional 9,537 shares during the period. Creative Planning owned about 0.06% of iShares U.S. Medical Devices ETF worth $2,508,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in IHI. Legend Financial Advisors Inc. bought a new stake in shares of iShares U.S. Medical Devices ETF in the second quarter worth about $36,000. RMG Wealth Management LLC acquired a new stake in iShares U.S. Medical Devices ETF during the 2nd quarter worth approximately $58,000. Brentview Investment Management LLC bought a new position in iShares U.S. Medical Devices ETF in the first quarter valued at approximately $60,000. Founders Financial Alliance LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 14.3% in the first quarter. Founders Financial Alliance LLC now owns 1,304 shares of the company’s stock valued at $78,000 after buying an additional 163 shares during the period. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of iShares U.S. Medical Devices ETF in the second quarter valued at approximately $89,000.

iShares U.S. Medical Devices ETF Stock Up 1.0%

Shares of NYSEARCA:IHI opened at $63.35 on Tuesday. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of 30.76 and a beta of 0.89. iShares U.S. Medical Devices ETF has a 12 month low of $52.90 and a 12 month high of $65.18. The company’s fifty day simple moving average is $60.81 and its 200 day simple moving average is $61.23.

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.