iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Get Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $65.08 and last traded at $64.78, with a volume of 127135 shares trading hands. The stock had previously closed at $64.17.
iShares U.S. Medical Devices ETF Stock Performance
The firm has a market cap of $6.14 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. The company has a 50 day moving average price of $60.74 and a 200 day moving average price of $59.16.
Institutional Trading of iShares U.S. Medical Devices ETF
Institutional investors and hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC increased its stake in shares of iShares U.S. Medical Devices ETF by 5,167.0% during the third quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after acquiring an additional 744,407 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares U.S. Medical Devices ETF by 127.6% in the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after buying an additional 674,168 shares during the period. Gimbal Financial purchased a new stake in shares of iShares U.S. Medical Devices ETF in the third quarter worth approximately $6,609,000. Strategic Financial Concepts LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF during the 4th quarter valued at $5,978,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in shares of iShares U.S. Medical Devices ETF by 692.7% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 108,667 shares of the company’s stock worth $6,341,000 after purchasing an additional 94,959 shares in the last quarter.
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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