VestGen Advisors LLC Makes New Investment in iShares U.S. Medical Devices ETF $IHI

VestGen Advisors LLC bought a new position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,651 shares of the company’s stock, valued at approximately $494,000.

Other large investors have also made changes to their positions in the company. Montecito Bank & Trust bought a new stake in iShares U.S. Medical Devices ETF during the 3rd quarter worth about $1,039,000. Columbus Macro LLC acquired a new position in iShares U.S. Medical Devices ETF during the 3rd quarter valued at about $2,285,000. Tidal Investments LLC acquired a new position in iShares U.S. Medical Devices ETF during the 2nd quarter valued at about $2,114,000. Hamilton Wealth LLC boosted its stake 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 valued at $14,072,000 after purchasing an additional 182,020 shares during the last quarter. Finally, Triangle Securities Wealth Management bought a new position in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $1,131,000.

iShares U.S. Medical Devices ETF Price Performance

Shares of NYSEARCA:IHI opened at $54.59 on Monday. iShares U.S. Medical Devices ETF has a one year low of $47.37 and a one year high of $64.71. The company has a 50 day moving average of $53.02 and a 200-day moving average of $53.67. The stock has a market cap of $3.66 billion, a price-to-earnings ratio of 30.76 and a beta of 0.82.

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.