Foundations Investment Advisors LLC Has $451,000 Stock Holdings in iShares U.S. Medical Devices ETF $IHI

Foundations Investment Advisors LLC lifted its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 21.8% during the second quarter, HoldingsChannel reports. The firm owned 7,204 shares of the company’s stock after buying an additional 1,289 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $451,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in IHI. Menora Mivtachim Holdings LTD. acquired a new stake in iShares U.S. Medical Devices ETF during the 1st quarter worth $305,287,000. Jones Financial Companies Lllp grew its stake in iShares U.S. Medical Devices ETF by 295.5% in the first quarter. Jones Financial Companies Lllp now owns 416,572 shares of the company’s stock valued at $24,774,000 after acquiring an additional 311,232 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of iShares U.S. Medical Devices ETF by 46.7% in the first quarter. Goldman Sachs Group Inc. now owns 427,152 shares of the company’s stock worth $25,710,000 after acquiring an additional 135,927 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of iShares U.S. Medical Devices ETF by 13.5% during the first quarter. Raymond James Financial Inc. now owns 756,743 shares of the company’s stock worth $45,548,000 after purchasing an additional 90,139 shares during the period. Finally, Altfest L J & Co. Inc. raised its position in shares of iShares U.S. Medical Devices ETF by 94.4% during the first quarter. Altfest L J & Co. Inc. now owns 104,788 shares of the company’s stock worth $6,307,000 after purchasing an additional 50,892 shares during the period.

iShares U.S. Medical Devices ETF Price Performance

NYSEARCA:IHI opened at $61.92 on Thursday. The business’s 50-day simple moving average is $60.73 and its 200-day simple moving average is $61.18. 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 stock has a market capitalization of $4.23 billion, a PE ratio of 30.76 and a beta of 0.89.

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.