MCF Advisors LLC lifted its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 6,477.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 17,168 shares of the company’s stock after acquiring an additional 16,907 shares during the period. MCF Advisors LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,067,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the company. High Point Wealth Management LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at approximately $1,950,000. Sava Penzisko Drushtvo A.D. Skopje acquired a new position in iShares U.S. Medical Devices ETF in the 3rd quarter worth approximately $8,720,000. Trivium Point Advisory LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 344.0% during the 3rd quarter. Trivium Point Advisory LLC now owns 17,467 shares of the company’s stock valued at $1,049,000 after buying an additional 13,533 shares during the period. Merit Financial Group LLC raised its holdings in shares of iShares U.S. Medical Devices ETF by 104.7% during the 3rd quarter. Merit Financial Group LLC now owns 17,429 shares of the company’s stock valued at $1,047,000 after purchasing an additional 8,916 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Medical Devices ETF by 83.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 490,874 shares of the company’s stock valued at $29,492,000 after purchasing an additional 223,216 shares in the last quarter.
iShares U.S. Medical Devices ETF Price Performance
Shares of IHI opened at $50.08 on Friday. The company has a market capitalization of $3.10 billion, a PE ratio of 30.76 and a beta of 0.83. iShares U.S. Medical Devices ETF has a one year low of $47.37 and a one year high of $64.71. The company’s fifty day moving average price is $51.38 and its 200 day moving average price is $57.28.
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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