Arkansas Financial Group Inc. Acquires 5,172 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Arkansas Financial Group Inc. raised its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 2.9% in the 4th quarter, HoldingsChannel reports. The fund owned 183,268 shares of the company’s stock after acquiring an additional 5,172 shares during the period. iShares U.S. Medical Devices ETF comprises approximately 1.7% of Arkansas Financial Group Inc.’s holdings, making the stock its 15th biggest position. Arkansas Financial Group Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $10,694,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC raised its position 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 worth $44,937,000 after acquiring an additional 744,407 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in 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 purchasing an additional 674,168 shares during the last quarter. Gimbal Financial bought a new position in iShares U.S. Medical Devices ETF during the 3rd quarter worth approximately $6,609,000. Dale Q Rice Investment Management Ltd acquired a new position in shares of iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $4,247,000. Finally, Eaton Financial Holdings Company LLC bought a new stake in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at $2,061,000.

iShares U.S. Medical Devices ETF Stock Up 0.3 %

Shares of NYSEARCA IHI opened at $63.25 on Thursday. The company has a market capitalization of $5.98 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $63.79. The firm has a fifty day simple moving average of $60.02 and a 200 day simple moving average of $58.63.

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.