Annex Advisory Services LLC acquired a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) in the 2nd quarter, HoldingsChannel reports. The firm acquired 680,069 shares of the company’s stock, valued at approximately $33,602,000.
A number of other large investors also recently modified their holdings of the stock. High Point Wealth Management LLC purchased a new stake in iShares U.S. Medical Devices ETF in the 4th quarter valued at $1,950,000. MCF Advisors LLC lifted its stake in iShares U.S. Medical Devices ETF by 6,477.8% during the 4th quarter. MCF Advisors LLC now owns 17,168 shares of the company’s stock valued at $1,067,000 after acquiring an additional 16,907 shares in the last quarter. Fairvoy Private Wealth LLC purchased a new position in iShares U.S. Medical Devices ETF during the 1st quarter worth $694,000. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares U.S. Medical Devices ETF by 143.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 128,879 shares of the company’s stock worth $8,010,000 after acquiring an additional 75,851 shares during the last quarter. Finally, Hamilton Wealth LLC grew its stake in shares of iShares U.S. Medical Devices ETF by 222.7% in 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.
iShares U.S. Medical Devices ETF Price Performance
NYSEARCA IHI opened at $55.98 on Wednesday. The company has a fifty day moving average price of $51.04 and a 200-day moving average price of $53.40. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of 30.76 and a beta of 0.81. iShares U.S. Medical Devices ETF has a 1 year low of $47.37 and a 1 year high of $64.71.
About iShares U.S. Medical Devices ETF
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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