Cary Street Partners Financial LLC bought a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,292 shares of the company’s stock, valued at approximately $707,000.
Other large investors have also made changes to their positions in the company. Country Trust Bank bought a new position in iShares U.S. Medical Devices ETF in the second quarter valued at about $28,000. Legend Financial Advisors Inc. bought a new position in shares of iShares U.S. Medical Devices ETF in the 2nd quarter valued at about $36,000. RMG Wealth Management LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the 2nd quarter valued at about $58,000. Russell Investments Group Ltd. grew its position in shares of iShares U.S. Medical Devices ETF by 15.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,303 shares of the company’s stock worth $82,000 after buying an additional 177 shares during the period. Finally, Atlantic Union Bankshares Corp bought a new stake in shares of iShares U.S. Medical Devices ETF during the second quarter worth approximately $89,000.
iShares U.S. Medical Devices ETF Price Performance
Shares of NYSEARCA IHI opened at $62.31 on Thursday. iShares U.S. Medical Devices ETF has a fifty-two week low of $52.90 and a fifty-two week high of $65.18. The firm has a market capitalization of $4.26 billion, a P/E ratio of 30.76 and a beta of 0.89. The company’s 50 day simple moving average is $61.61 and its 200 day simple moving average is $61.37.
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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