Commonwealth Equity Services LLC Buys 39,304 Shares of iShares U.S. Medical Devices ETF $IHI

Commonwealth Equity Services LLC grew its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 13.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 330,524 shares of the company’s stock after buying an additional 39,304 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.48% of iShares U.S. Medical Devices ETF worth $19,858,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in shares of iShares U.S. Medical Devices ETF by 19.1% during the 2nd quarter. Bank of America Corp DE now owns 1,934,996 shares of the company’s stock valued at $121,208,000 after acquiring an additional 310,962 shares in the last quarter. Goldman Sachs Group Inc. raised its position in iShares U.S. Medical Devices ETF by 46.7% in the first quarter. Goldman Sachs Group Inc. now owns 427,152 shares of the company’s stock valued at $25,710,000 after purchasing an additional 135,927 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new position in iShares U.S. Medical Devices ETF in the second quarter valued at about $6,861,000. Econ Financial Services Corp acquired a new stake in shares of iShares U.S. Medical Devices ETF during the third quarter valued at about $3,670,000. Finally, Baker Avenue Asset Management LP boosted its stake in shares of iShares U.S. Medical Devices ETF by 29.6% during the second quarter. Baker Avenue Asset Management LP now owns 216,432 shares of the company’s stock valued at $13,557,000 after purchasing an additional 49,387 shares in the last quarter.

iShares U.S. Medical Devices ETF Price Performance

iShares U.S. Medical Devices ETF stock opened at $63.94 on Friday. The business has a 50 day moving average of $62.64 and a 200-day moving average of $61.60. The company has a market capitalization of $4.20 billion, a P/E ratio of 30.76 and a beta of 0.89. iShares U.S. Medical Devices ETF has a 1 year low of $52.90 and a 1 year high of $65.18.

iShares U.S. Medical Devices ETF 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.