Black Swift Group LLC Has $458,000 Stock Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Black Swift Group LLC lifted its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 29.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,845 shares of the company’s stock after buying an additional 1,780 shares during the quarter. Black Swift Group LLC’s holdings in iShares U.S. Medical Devices ETF were worth $458,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of IHI. JPMorgan Chase & Co. lifted its stake in shares of iShares U.S. Medical Devices ETF by 127.6% during the 3rd 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 last quarter. Raymond James Financial Inc. acquired a new stake in iShares U.S. Medical Devices ETF in the 4th quarter worth about $38,896,000. Strategic Financial Concepts LLC acquired a new stake in iShares U.S. Medical Devices ETF in the 4th quarter worth about $5,978,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in iShares U.S. Medical Devices ETF by 692.7% in 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. Finally, Kingsview Wealth Management LLC raised its stake in iShares U.S. Medical Devices ETF by 71.7% in the 4th quarter. Kingsview Wealth Management LLC now owns 206,678 shares of the company’s stock worth $12,060,000 after purchasing an additional 86,315 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Up 0.5 %

Shares of iShares U.S. Medical Devices ETF stock opened at $63.43 on Thursday. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $65.18. The company has a 50-day simple moving average of $62.45 and a two-hundred day simple moving average of $60.36. The stock has a market capitalization of $4.99 billion, a price-to-earnings ratio of 31.88 and a beta of 0.90.

iShares U.S. Medical Devices ETF 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.