Axxcess Wealth Management LLC Has $4 Million Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Axxcess Wealth Management LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 11.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,117 shares of the company’s stock after buying an additional 7,808 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $4,000,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Stratos Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at $704,000. Bank of New York Mellon Corp lifted its position in iShares U.S. Medical Devices ETF by 13.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 5,800 shares of the company’s stock worth $281,000 after buying an additional 683 shares in the last quarter. Signet Financial Management LLC lifted its position in iShares U.S. Medical Devices ETF by 14.1% during the 3rd quarter. Signet Financial Management LLC now owns 6,169 shares of the company’s stock worth $299,000 after buying an additional 761 shares in the last quarter. Arkansas Financial Group Inc. lifted its position in iShares U.S. Medical Devices ETF by 6.9% during the 3rd quarter. Arkansas Financial Group Inc. now owns 162,018 shares of the company’s stock worth $7,858,000 after buying an additional 10,521 shares in the last quarter. Finally, Altfest L J & Co. Inc. acquired a new position in iShares U.S. Medical Devices ETF during the 3rd quarter worth about $3,146,000.

iShares U.S. Medical Devices ETF Trading Up 0.6 %

NYSEARCA IHI traded up $0.33 on Friday, hitting $55.49. 757,739 shares of the company were exchanged, compared to its average volume of 1,174,962. The firm has a 50 day moving average of $56.82 and a two-hundred day moving average of $53.69. The company has a market cap of $5.29 billion, a P/E ratio of 34.68 and a beta of 0.82. iShares U.S. Medical Devices ETF has a 1-year low of $43.96 and a 1-year high of $59.14.

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.