iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Acquired by Prestige Wealth Management Group LLC

Prestige Wealth Management Group LLC increased its stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 0.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 50,381 shares of the company’s stock after acquiring an additional 360 shares during the quarter. Prestige Wealth Management Group LLC’s holdings in iShares U.S. Medical Devices ETF were worth $2,940,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in IHI. Valley Wealth Managers Inc. grew its holdings in iShares U.S. Medical Devices ETF by 0.6% in the fourth quarter. Valley Wealth Managers Inc. now owns 24,875 shares of the company’s stock valued at $1,451,000 after purchasing an additional 160 shares during the last quarter. Tyche Wealth Partners LLC grew its stake in iShares U.S. Medical Devices ETF by 5.0% in the 4th quarter. Tyche Wealth Partners LLC now owns 4,198 shares of the company’s stock valued at $245,000 after acquiring an additional 198 shares during the last quarter. Snider Financial Group grew its stake in iShares U.S. Medical Devices ETF by 0.3% in the 4th quarter. Snider Financial Group now owns 71,092 shares of the company’s stock valued at $4,148,000 after acquiring an additional 212 shares during the last quarter. LaFleur & Godfrey LLC increased its holdings in iShares U.S. Medical Devices ETF by 6.4% during the 4th quarter. LaFleur & Godfrey LLC now owns 3,805 shares of the company’s stock valued at $222,000 after acquiring an additional 228 shares in the last quarter. Finally, Montag A & Associates Inc. raised its position in iShares U.S. Medical Devices ETF by 13.7% during the fourth quarter. Montag A & Associates Inc. now owns 2,070 shares of the company’s stock worth $121,000 after acquiring an additional 250 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

IHI stock opened at $60.46 on Tuesday. The company’s 50 day simple moving average is $62.73 and its 200-day simple moving average is $60.56. iShares U.S. Medical Devices ETF has a 12 month low of $53.72 and a 12 month high of $65.18. The firm has a market capitalization of $4.75 billion, a PE ratio of 29.98 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.