Chicago Partners Investment Group LLC Has $2.94 Million Stake in iShares U.S. Medical Devices ETF $IHI

Chicago Partners Investment Group LLC reduced its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 1.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 48,118 shares of the company’s stock after selling 475 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in iShares U.S. Medical Devices ETF were worth $2,941,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC boosted its position in iShares U.S. Medical Devices ETF by 20.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 267,366 shares of the company’s stock worth $16,093,000 after acquiring an additional 45,423 shares during the last quarter. QRG Capital Management Inc. bought a new stake in shares of iShares U.S. Medical Devices ETF in the first quarter worth $290,000. ORG Partners LLC acquired a new position in iShares U.S. Medical Devices ETF during the first quarter worth $59,000. Oppenheimer & Co. Inc. grew its position in iShares U.S. Medical Devices ETF by 11.4% in the first quarter. Oppenheimer & Co. Inc. now owns 14,184 shares of the company’s stock valued at $854,000 after purchasing an additional 1,447 shares in the last quarter. Finally, Valmark Advisers Inc. increased its stake in iShares U.S. Medical Devices ETF by 15.5% in the 1st quarter. Valmark Advisers Inc. now owns 4,627 shares of the company’s stock valued at $278,000 after buying an additional 622 shares during the last quarter.

iShares U.S. Medical Devices ETF Price Performance

iShares U.S. Medical Devices ETF stock opened at $59.82 on Monday. The company has a market cap of $4.15 billion, a price-to-earnings ratio of 30.76 and a beta of 0.85. The firm has a 50-day moving average of $60.90 and a 200-day moving average of $60.51. iShares U.S. Medical Devices ETF has a one year low of $52.90 and a one year high of $65.18.

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.