Union Bancaire Privee UBP SA Makes New $196,000 Investment in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Union Bancaire Privee UBP SA acquired a new stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,480 shares of the company’s stock, valued at approximately $196,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Modus Advisors LLC purchased a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth $28,000. RPg Family Wealth Advisory LLC purchased a new position in iShares U.S. Medical Devices ETF in the 3rd quarter worth $35,000. Truvestments Capital LLC acquired a new stake in iShares U.S. Medical Devices ETF during the 3rd quarter worth about $53,000. TD Private Client Wealth LLC grew its stake in iShares U.S. Medical Devices ETF by 49.8% during the 3rd quarter. TD Private Client Wealth LLC now owns 936 shares of the company’s stock valued at $55,000 after purchasing an additional 311 shares during the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of iShares U.S. Medical Devices ETF by 186.3% in the third quarter. Blue Trust Inc. now owns 1,062 shares of the company’s stock valued at $60,000 after purchasing an additional 691 shares during the period.

iShares U.S. Medical Devices ETF Stock Down 0.1 %

iShares U.S. Medical Devices ETF stock opened at $64.04 on Thursday. The stock has a 50-day moving average price of $60.45 and a 200 day moving average price of $58.92. The company has a market capitalization of $6.05 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 52 week low of $53.72 and a 52 week high of $64.65.

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.