iShares U.S. Medical Devices ETF Sees Unusually High Options Volume (NYSEARCA:IHI)

iShares U.S. Medical Devices ETF (NYSEARCA:IHI) was the recipient of unusually large options trading activity on Monday. Investors acquired 65,071 put options on the company. This represents an increase of 3,699% compared to the typical volume of 1,713 put options.

iShares U.S. Medical Devices ETF Stock Up 1.6%

NYSEARCA IHI opened at $50.21 on Wednesday. iShares U.S. Medical Devices ETF has a 12-month low of $47.37 and a 12-month high of $64.71. The company has a 50-day simple moving average of $50.04 and a two-hundred day simple moving average of $55.65. The firm has a market cap of $3.11 billion, a price-to-earnings ratio of 30.76 and a beta of 0.83.

Institutional Trading of iShares U.S. Medical Devices ETF

Institutional investors have recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. lifted its holdings in iShares U.S. Medical Devices ETF by 107.5% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 386 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the period. FWL Investment Management LLC bought a new stake in iShares U.S. Medical Devices ETF during the third quarter worth about $27,000. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $29,000. Group One Trading LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF in the second quarter worth $29,000. Finally, Modus Advisors LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth $30,000.

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.