Paradigm Financial Partners LLC Purchases New Stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Paradigm Financial Partners LLC acquired a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,539 shares of the company’s stock, valued at approximately $299,000.

Other hedge funds have also recently bought and sold shares of the company. Meitav Investment House Ltd. boosted its stake in iShares U.S. Medical Devices ETF by 16.6% in the fourth quarter. Meitav Investment House Ltd. now owns 3,068,436 shares of the company’s stock valued at $165,507,000 after buying an additional 436,752 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares U.S. Medical Devices ETF by 25.8% in the third quarter. Envestnet Asset Management Inc. now owns 1,178,217 shares of the company’s stock valued at $57,144,000 after buying an additional 241,824 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of iShares U.S. Medical Devices ETF by 5,065.2% in the 4th quarter. International Assets Investment Management LLC now owns 948,285 shares of the company’s stock worth $51,179,000 after acquiring an additional 929,926 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in iShares U.S. Medical Devices ETF by 3,415.6% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 750,446 shares of the company’s stock valued at $36,456,000 after acquiring an additional 729,100 shares in the last quarter. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD boosted its stake in iShares U.S. Medical Devices ETF by 68.7% during the 3rd quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 552,661 shares of the company’s stock valued at $27,367,000 after purchasing an additional 224,965 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Up 0.5 %

Shares of iShares U.S. Medical Devices ETF stock opened at $55.53 on Monday. iShares U.S. Medical Devices ETF has a 52 week low of $43.96 and a 52 week high of $59.14. The business has a 50 day moving average price of $57.03 and a 200-day moving average price of $53.46. The company has a market cap of $5.29 billion, a PE ratio of 34.68 and a beta of 0.82.

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.