Y Intercept Hong Kong Ltd Buys New Stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Y Intercept Hong Kong Ltd purchased a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,655 shares of the company’s stock, valued at approximately $572,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Orion Portfolio Solutions LLC lifted its stake in iShares U.S. Medical Devices ETF by 5.4% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 18,988 shares of the company’s stock worth $1,124,000 after acquiring an additional 967 shares in the last quarter. National Bank of Canada FI increased its stake in iShares U.S. Medical Devices ETF by 1.6% during the third quarter. National Bank of Canada FI now owns 20,098 shares of the company’s stock worth $1,190,000 after purchasing an additional 323 shares during the period. Kovitz Investment Group Partners LLC lifted its position in shares of iShares U.S. Medical Devices ETF by 21.9% during the third quarter. Kovitz Investment Group Partners LLC now owns 5,763 shares of the company’s stock worth $332,000 after purchasing an additional 1,035 shares in the last quarter. Stifel Financial Corp boosted its stake in shares of iShares U.S. Medical Devices ETF by 9.2% in the third quarter. Stifel Financial Corp now owns 105,917 shares of the company’s stock valued at $6,272,000 after purchasing an additional 8,912 shares during the period. Finally, IHT Wealth Management LLC increased its stake in iShares U.S. Medical Devices ETF by 6.3% during the 3rd quarter. IHT Wealth Management LLC now owns 31,998 shares of the company’s stock worth $1,893,000 after buying an additional 1,895 shares during the period.

iShares U.S. Medical Devices ETF Stock Down 0.8 %

iShares U.S. Medical Devices ETF stock opened at $59.58 on Friday. The company’s 50 day moving average is $59.69 and its two-hundred day moving average is $57.86. The firm has a market cap of $5.63 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 52-week low of $52.50 and a 52-week high of $61.28.

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.