Comprehensive Financial Planning Inc. PA purchased a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 566 shares of the company’s stock, valued at approximately $33,000.
Other hedge funds have also recently made changes to their positions in the company. Modus Advisors LLC bought a new position in shares of iShares U.S. Medical Devices ETF during the 4th quarter valued at $28,000. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the 3rd quarter valued at about $35,000. Synergy Asset Management LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the 4th quarter valued at about $49,000. Truvestments Capital LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the 3rd quarter worth approximately $53,000. Finally, TD Private Client Wealth LLC grew its position in iShares U.S. Medical Devices ETF by 49.8% during the third quarter. TD Private Client Wealth LLC now owns 936 shares of the company’s stock valued at $55,000 after buying an additional 311 shares during the period.
iShares U.S. Medical Devices ETF Trading Up 0.9 %
Shares of IHI stock opened at $64.38 on Tuesday. The company has a 50 day simple moving average of $61.01 and a two-hundred day simple moving average of $59.38. The stock has a market cap of $6.08 billion, a P/E ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 12 month low of $53.72 and a 12 month high of $65.18.
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.
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