ST Germain D J Co. Inc. bought a new stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund bought 11,202 shares of the company’s stock, valued at approximately $654,000.
A number of other institutional investors and hedge funds also recently modified their holdings of IHI. International Assets Investment Management LLC raised its holdings in shares of iShares U.S. Medical Devices ETF by 5,167.0% in the 3rd quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after purchasing an additional 744,407 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Medical Devices ETF by 127.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock valued at $71,206,000 after purchasing an additional 674,168 shares during the period. Gimbal Financial bought a new stake in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $6,609,000. Eaton Financial Holdings Company LLC bought a new stake in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $2,061,000. Finally, Benjamin Edwards Inc. raised 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 valued at $1,578,000 after purchasing an additional 26,601 shares during the period.
iShares U.S. Medical Devices ETF Stock Performance
Shares of IHI stock opened at $59.85 on Friday. The stock has a market cap of $5.66 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 52-week low of $53.72 and a 52-week high of $61.28. The firm’s 50-day moving average is $59.75 and its 200-day moving average is $58.25.
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.
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