Delta Financial Advisors LLC Acquires Shares of 10,495 iShares U.S. Medical Devices ETF $IHI

Delta Financial Advisors LLC bought a new stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 10,495 shares of the company’s stock, valued at approximately $631,000.

Several other large investors have also recently bought and sold shares of IHI. Country Trust Bank bought a new position in iShares U.S. Medical Devices ETF during the second quarter worth $28,000. Group One Trading LLC bought a new position in iShares U.S. Medical Devices ETF in the 2nd quarter valued at about $29,000. Legend Financial Advisors Inc. bought a new stake in iShares U.S. Medical Devices ETF during the 2nd quarter worth approximately $36,000. Glass Jacobson Investment Advisors llc lifted its stake in iShares U.S. Medical Devices ETF by 108.7% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 622 shares of the company’s stock valued at $37,000 after acquiring an additional 324 shares in the last quarter. Finally, Mather Group LLC. bought a new stake in iShares U.S. Medical Devices ETF in the 3rd quarter worth about $39,000.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA:IHI opened at $60.28 on Friday. The company has a market capitalization of $3.88 billion, a P/E ratio of 30.76 and a beta of 0.89. 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 company’s 50-day moving average is $62.67 and its 200 day moving average is $61.59.

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.