Jones Financial Companies Lllp Raises Stock Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Jones Financial Companies Lllp raised its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 38.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 105,340 shares of the company’s stock after buying an additional 29,445 shares during the period. Jones Financial Companies Lllp owned about 0.11% of iShares U.S. Medical Devices ETF worth $6,147,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Modus Advisors LLC purchased a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at about $28,000. Comprehensive Financial Planning Inc. PA bought a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth about $33,000. RPg Family Wealth Advisory LLC purchased a new position in iShares U.S. Medical Devices ETF during the 3rd quarter valued at about $35,000. Aspect Partners LLC purchased a new stake in iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $35,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $37,000.

iShares U.S. Medical Devices ETF Stock Performance

Shares of IHI stock opened at $63.92 on Tuesday. The firm has a market cap of $6.04 billion, a P/E ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a fifty-two week low of $53.72 and a fifty-two week high of $65.18. The business’s 50 day moving average price is $62.28 and its 200-day moving average price is $60.27.

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.