Nations Financial Group Inc. IA ADV Purchases 186 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Nations Financial Group Inc. IA ADV boosted its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 1.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 19,628 shares of the company’s stock after purchasing an additional 186 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in iShares U.S. Medical Devices ETF were worth $1,059,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Meitav Investment House Ltd. grew its position in shares of iShares U.S. Medical Devices ETF by 16.6% during the 4th quarter. Meitav Investment House Ltd. now owns 3,068,436 shares of the company’s stock valued at $165,507,000 after acquiring an additional 436,752 shares during the period. Wells Fargo & Company MN grew its position in shares of iShares U.S. Medical Devices ETF by 5.6% during the 4th quarter. Wells Fargo & Company MN now owns 1,328,701 shares of the company’s stock valued at $71,710,000 after acquiring an additional 70,238 shares during the period. UBS Group AG grew its position in shares of iShares U.S. Medical Devices ETF by 6.4% during the 4th quarter. UBS Group AG now owns 1,324,308 shares of the company’s stock valued at $71,473,000 after acquiring an additional 80,033 shares during the period. Envestnet Asset Management Inc. grew its position in shares of iShares U.S. Medical Devices ETF by 25.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,178,217 shares of the company’s stock valued at $57,144,000 after acquiring an additional 241,824 shares during the period. Finally, International Assets Investment Management LLC grew its position in shares of iShares U.S. Medical Devices ETF by 5,065.2% during the 4th quarter. International Assets Investment Management LLC now owns 948,285 shares of the company’s stock valued at $51,179,000 after acquiring an additional 929,926 shares during the period.

iShares U.S. Medical Devices ETF Trading Up 0.8 %

Shares of IHI stock traded up $0.42 during trading on Friday, reaching $56.07. 526,805 shares of the company’s stock traded hands, compared to its average volume of 1,108,387. The company has a market capitalization of $5.30 billion, a P/E ratio of 35.18 and a beta of 0.83. The firm’s 50-day moving average is $56.32 and its 200 day moving average is $54.81. iShares U.S. Medical Devices ETF has a 1 year low of $43.96 and a 1 year high of $59.14.

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.