iShares U.S. Medical Devices ETF $IHI Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 365.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 21,987 shares of the company’s stock after buying an additional 17,260 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $1,125,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. IMC Chicago LLC increased its holdings in shares of iShares U.S. Medical Devices ETF by 100.0% in the first quarter. IMC Chicago LLC now owns 5,066 shares of the company’s stock valued at $270,000 after buying an additional 12,156,873 shares in the last quarter. Annex Advisory Services LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the 2nd quarter worth $33,602,000. Congress Asset Management Co. bought a new stake in shares of iShares U.S. Medical Devices ETF during the 3rd quarter worth $13,481,000. Hamilton Wealth LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 222.7% during the 1st quarter. Hamilton Wealth LLC now owns 263,760 shares of the company’s stock worth $14,072,000 after acquiring an additional 182,020 shares in the last quarter. Finally, Segment Wealth Management LLC bought a new stake in shares of iShares U.S. Medical Devices ETF during the 3rd quarter worth $3,012,000.

iShares U.S. Medical Devices ETF Stock Up 6.7%

Shares of NYSEARCA IHI opened at $60.22 on Thursday. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 30.76 and a beta of 0.81. The stock’s fifty day simple moving average is $53.13 and its 200 day simple moving average is $53.60. iShares U.S. Medical Devices ETF has a 52-week low of $47.37 and a 52-week 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.