Lynx Capital Group Ltd. ADV Purchases New Holdings in iShares U.S. Medical Devices ETF $IHI

Lynx Capital Group Ltd. ADV acquired a new stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 125,820 shares of the company’s stock, valued at approximately $6,436,000. iShares U.S. Medical Devices ETF accounts for about 2.5% of Lynx Capital Group Ltd. ADV’s portfolio, making the stock its 9th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Scarborough Advisors LLC acquired a new stake in iShares U.S. Medical Devices ETF during the 1st quarter worth $32,000. William Mack & Associates Inc. purchased a new stake in iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $32,000. RMG Wealth Management LLC purchased a new stake in iShares U.S. Medical Devices ETF in the 1st quarter valued at about $35,000. Livelsberger Financial Advisory acquired a new position in iShares U.S. Medical Devices ETF in the third quarter valued at about $37,000. Finally, Next Level Wealth Planning LLC acquired a new position in iShares U.S. Medical Devices ETF in the third quarter valued at about $54,000.

iShares U.S. Medical Devices ETF Price Performance

Shares of IHI stock opened at $58.07 on Wednesday. The firm has a market cap of $4.06 billion, a PE ratio of 30.76 and a beta of 0.81. The company has a 50-day moving average of $53.39 and a two-hundred day moving average of $53.53. iShares U.S. Medical Devices ETF has a 1-year low of $47.37 and a 1-year high of $64.71.

iShares U.S. Medical Devices ETF Company 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.