Means Investment CO. Inc. purchased a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 70,374 shares of the company’s stock, valued at approximately $3,600,000. Means Investment CO. Inc. owned approximately 0.10% of iShares U.S. Medical Devices ETF at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Montecito Bank & Trust purchased a new stake in iShares U.S. Medical Devices ETF during the third quarter worth $1,039,000. Columbus Macro LLC acquired a new stake in iShares U.S. Medical Devices ETF in the third quarter valued at $2,285,000. Tidal Investments LLC acquired a new stake in iShares U.S. Medical Devices ETF in the second quarter valued at $2,114,000. Hamilton Wealth LLC grew its holdings in iShares U.S. Medical Devices ETF by 222.7% in the first quarter. Hamilton Wealth LLC now owns 263,760 shares of the company’s stock valued at $14,072,000 after purchasing an additional 182,020 shares during the last quarter. Finally, Congress Asset Management Co. purchased a new position in shares of iShares U.S. Medical Devices ETF in the third quarter valued at $13,481,000.
iShares U.S. Medical Devices ETF Price Performance
Shares of IHI stock opened at $57.59 on Monday. The stock has a market cap of $3.94 billion, a P/E ratio of 30.76 and a beta of 0.81. iShares U.S. Medical Devices ETF has a fifty-two week low of $47.37 and a fifty-two week high of $64.71. The business has a fifty day simple moving average of $53.26 and a 200-day simple moving average of $53.56.
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.
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