Clear Harbor Asset Management LLC Invests $203,000 in iShares U.S. Medical Devices ETF $IHI

Clear Harbor Asset Management LLC bought a new stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,235 shares of the company’s stock, valued at approximately $203,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Wayfinding Financial LLC bought a new position in iShares U.S. Medical Devices ETF in the first quarter worth approximately $25,000. Copia Wealth Management purchased a new stake in shares of iShares U.S. Medical Devices ETF in the 4th quarter worth $33,000. Columbia River Financial Group LLC bought a new position in iShares U.S. Medical Devices ETF in the 1st quarter worth $34,000. Westside Investment Management Inc. raised its holdings in iShares U.S. Medical Devices ETF by 97.0% in the 1st quarter. Westside Investment Management Inc. now owns 650 shares of the company’s stock worth $39,000 after purchasing an additional 320 shares during the period. Finally, Sound Income Strategies LLC lifted its position in iShares U.S. Medical Devices ETF by 34.4% during the first quarter. Sound Income Strategies LLC now owns 851 shares of the company’s stock valued at $51,000 after purchasing an additional 218 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA:IHI opened at $60.46 on Wednesday. The stock has a 50-day simple moving average of $61.23 and a two-hundred day simple moving average of $60.51. The firm has a market capitalization of $4.28 billion, a PE ratio of 30.76 and a beta of 0.85. iShares U.S. Medical Devices ETF has a 52-week low of $52.90 and a 52-week high of $65.18.

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.