Orion Portfolio Solutions LLC Raises Stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Orion Portfolio Solutions LLC increased its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,484 shares of the company’s stock after buying an additional 496 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,137,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. FMR LLC raised its stake in shares of iShares U.S. Medical Devices ETF by 6.1% during the third quarter. FMR LLC now owns 28,988 shares of the company’s stock valued at $1,717,000 after acquiring an additional 1,660 shares in the last quarter. Captrust Financial Advisors raised its position in iShares U.S. Medical Devices ETF by 3.2% during the 3rd quarter. Captrust Financial Advisors now owns 19,757 shares of the company’s stock valued at $1,170,000 after purchasing an additional 619 shares in the last quarter. Benjamin Edwards Inc. lifted its holdings in shares of iShares U.S. Medical Devices ETF by 85,809.7% in the 3rd quarter. Benjamin Edwards Inc. now owns 26,632 shares of the company’s stock worth $1,578,000 after buying an additional 26,601 shares during the period. Stifel Financial Corp grew its position in shares of iShares U.S. Medical Devices ETF by 9.2% during the 3rd quarter. Stifel Financial Corp now owns 105,917 shares of the company’s stock worth $6,272,000 after buying an additional 8,912 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC increased its stake in shares of iShares U.S. Medical Devices ETF by 21.9% during the third quarter. Kovitz Investment Group Partners LLC now owns 5,763 shares of the company’s stock valued at $332,000 after buying an additional 1,035 shares during the period.

iShares U.S. Medical Devices ETF Price Performance

IHI stock opened at $55.00 on Friday. iShares U.S. Medical Devices ETF has a 1-year low of $53.72 and a 1-year high of $65.18. The business has a 50-day moving average price of $62.22 and a 200 day moving average price of $60.56. The company has a market capitalization of $4.32 billion, a P/E ratio of 29.98 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.