JPMorgan Chase & Co. lessened its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 24.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 267,658 shares of the company’s stock after selling 86,094 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares U.S. Medical Devices ETF were worth $16,766,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in IHI. Legend Financial Advisors Inc. acquired a new stake in iShares U.S. Medical Devices ETF in the 2nd quarter worth approximately $36,000. RMG Wealth Management LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the second quarter valued at approximately $58,000. Founders Financial Alliance LLC lifted its stake in shares of iShares U.S. Medical Devices ETF by 14.3% in the first quarter. Founders Financial Alliance LLC now owns 1,304 shares of the company’s stock worth $78,000 after buying an additional 163 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of iShares U.S. Medical Devices ETF in the second quarter worth $89,000. Finally, WealthShield Partners LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 234.7% during the 1st quarter. WealthShield Partners LLC now owns 1,734 shares of the company’s stock worth $104,000 after buying an additional 1,216 shares during the period.
iShares U.S. Medical Devices ETF Trading Up 0.3%
NYSEARCA:IHI opened at $63.48 on Friday. The firm has a market capitalization of $4.34 billion, a PE ratio of 30.76 and a beta of 0.89. iShares U.S. Medical Devices ETF has a 1 year low of $52.90 and a 1 year high of $65.18. The firm’s fifty day simple moving average is $61.46 and its 200 day simple moving average is $61.35.
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.
See Also
- Five stocks we like better than iShares U.S. Medical Devices ETF
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Rocket Lab’s Big Rebound? Analysts Suggest the Dip’s a Gift
- The Basics of Support and Resistance
- Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Snowflake Stock: The Dip That Smart Investors Are Buying Right Now
Want to see what other hedge funds are holding IHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report).
Receive News & Ratings for iShares U.S. Medical Devices ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Medical Devices ETF and related companies with MarketBeat.com's FREE daily email newsletter.
