iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Get Free Report) was the recipient of some unusual options trading on Tuesday. Investors acquired 70,016 put options on the stock. This represents an increase of approximately 1,050% compared to the average daily volume of 6,087 put options.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the business. FWL Investment Management LLC purchased a new stake in iShares U.S. Medical Devices ETF in the 3rd quarter worth $27,000. Group One Trading LLC purchased a new position in iShares U.S. Medical Devices ETF during the second quarter valued at $29,000. Modus Advisors LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at about $30,000. Scarborough Advisors LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the first quarter valued at about $32,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF during the fourth quarter worth about $35,000.
iShares U.S. Medical Devices ETF Price Performance
NYSEARCA IHI traded down $0.68 during trading hours on Tuesday, reaching $54.29. The company’s stock had a trading volume of 1,946,410 shares, compared to its average volume of 2,527,162. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of 30.76 and a beta of 0.81. The company’s 50-day moving average is $52.76 and its two-hundred day moving average is $53.02. iShares U.S. Medical Devices ETF has a 1-year low of $47.37 and a 1-year 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.
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