Peterson Wealth Services Has $853,000 Stock Holdings in iShares U.S. Medical Devices ETF $IHI

Peterson Wealth Services increased its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 387.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 14,197 shares of the company’s stock after purchasing an additional 11,287 shares during the quarter. Peterson Wealth Services’ holdings in iShares U.S. Medical Devices ETF were worth $853,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Country Trust Bank acquired a new position in shares of iShares U.S. Medical Devices ETF in the 2nd quarter valued at about $28,000. Group One Trading LLC purchased a new position in iShares U.S. Medical Devices ETF during the second quarter valued at approximately $29,000. Glass Jacobson Investment Advisors llc increased its stake in iShares U.S. Medical Devices ETF by 108.7% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 622 shares of the company’s stock valued at $37,000 after buying an additional 324 shares during the period. Mather Group LLC. purchased a new stake in iShares U.S. Medical Devices ETF in the 3rd quarter worth approximately $39,000. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF during the 3rd quarter valued at $49,000.

iShares U.S. Medical Devices ETF Stock Down 0.7%

iShares U.S. Medical Devices ETF stock opened at $59.64 on Tuesday. iShares U.S. Medical Devices ETF has a 12 month low of $52.90 and a 12 month high of $65.18. The stock has a market cap of $3.72 billion, a P/E ratio of 30.76 and a beta of 0.89. The company’s fifty day simple moving average is $62.42 and its 200-day simple moving average is $61.55.

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.