Simplex Trading LLC bought a new stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 20,709 shares of the company’s stock, valued at approximately $1,059,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IHI. Annex Advisory Services LLC acquired a new stake in iShares U.S. Medical Devices ETF during the second quarter worth about $33,602,000. Envestnet Asset Management Inc. raised its holdings in shares of iShares U.S. Medical Devices ETF by 0.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 658,740 shares of the company’s stock worth $32,548,000 after purchasing an additional 4,089 shares during the period. Hamilton Wealth LLC raised its holdings 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 purchasing an additional 182,020 shares during the period. Congress Asset Management Co. acquired a new position in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $13,481,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $8,322,000.
iShares U.S. Medical Devices ETF Stock Performance
Shares of NYSEARCA:IHI opened at $58.57 on Tuesday. iShares U.S. Medical Devices ETF has a 1 year low of $47.37 and a 1 year high of $64.71. The stock has a market capitalization of $4.10 billion, a P/E ratio of 30.76 and a beta of 0.81. The stock has a 50-day simple moving average of $53.33 and a 200-day simple moving average of $53.55.
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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