Evoke Wealth LLC Takes Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Evoke Wealth LLC bought a new stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the fourth quarter, HoldingsChannel reports. The firm bought 4,878 shares of the company’s stock, valued at approximately $285,000.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its stake in iShares U.S. Medical Devices ETF by 127.6% during the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after acquiring an additional 674,168 shares during the period. Raymond James Financial Inc. acquired a new stake in iShares U.S. Medical Devices ETF during the fourth quarter worth about $38,896,000. Strategic Financial Concepts LLC acquired a new stake in iShares U.S. Medical Devices ETF during the fourth 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% during the fourth 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 acquiring an additional 94,959 shares during the period. Finally, Kingsview Wealth Management LLC raised its stake in iShares U.S. Medical Devices ETF by 71.7% during the fourth quarter. Kingsview Wealth Management LLC now owns 206,678 shares of the company’s stock worth $12,060,000 after acquiring an additional 86,315 shares during the period.

iShares U.S. Medical Devices ETF Trading Up 0.8 %

Shares of NYSEARCA:IHI opened at $59.99 on Thursday. The firm’s 50 day moving average is $62.73 and its two-hundred day moving average is $60.52. iShares U.S. Medical Devices ETF has a 52 week low of $53.72 and a 52 week high of $65.18. The firm has a market capitalization of $4.72 billion, a P/E ratio of 31.88 and a beta of 0.90.

iShares U.S. Medical Devices ETF Company 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.