SteelPeak Wealth LLC grew its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 17.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,460 shares of the company’s stock after buying an additional 818 shares during the period. SteelPeak Wealth LLC’s holdings in iShares U.S. Medical Devices ETF were worth $319,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers increased its stake in iShares U.S. Medical Devices ETF by 3.9% in the second quarter. Cetera Investment Advisers now owns 243,033 shares of the company’s stock valued at $13,620,000 after acquiring an additional 9,199 shares during the last quarter. Creekside Partners purchased a new position in shares of iShares U.S. Medical Devices ETF in the 2nd quarter worth about $356,000. Sanctuary Advisors LLC bought a new position in shares of iShares U.S. Medical Devices ETF during the 2nd quarter valued at about $983,000. Anchor Investment Management LLC raised its holdings in shares of iShares U.S. Medical Devices ETF by 4.8% during the 2nd quarter. Anchor Investment Management LLC now owns 102,028 shares of the company’s stock valued at $5,718,000 after buying an additional 4,655 shares in the last quarter. Finally, ALM First Financial Advisors LLC bought a new stake in iShares U.S. Medical Devices ETF in the 2nd quarter worth approximately $312,000.
iShares U.S. Medical Devices ETF Price Performance
Shares of NYSEARCA IHI opened at $64.55 on Friday. The stock has a market capitalization of $6.10 billion, a P/E ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a one year low of $53.72 and a one year high of $65.05. The firm’s 50 day simple moving average is $60.53 and its two-hundred day simple moving average is $58.96.
iShares U.S. Medical Devices ETF Company 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.
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