Park Avenue Securities LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 16,268 shares of the company’s stock, valued at approximately $832,000.
A number of other large investors also recently modified their holdings of the company. Segment Wealth Management LLC bought a new stake in shares of iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $3,012,000. First Interstate Bank bought a new position in iShares U.S. Medical Devices ETF during the 3rd quarter worth approximately $2,498,000. Sigma Planning Corp bought a new position in iShares U.S. Medical Devices ETF during the 3rd quarter worth approximately $624,000. Citizens Financial Group Inc. RI bought a new position in iShares U.S. Medical Devices ETF during the 3rd quarter worth approximately $361,000. Finally, Sowell Financial Services LLC increased its stake in iShares U.S. Medical Devices ETF by 46.0% in the 3rd quarter. Sowell Financial Services LLC now owns 12,506 shares of the company’s stock worth $640,000 after purchasing an additional 3,940 shares during the period.
iShares U.S. Medical Devices ETF Price Performance
Shares of iShares U.S. Medical Devices ETF stock opened at $56.43 on Wednesday. iShares U.S. Medical Devices ETF has a one year low of $47.37 and a one year high of $64.71. The business’s 50 day simple moving average is $53.04 and its two-hundred day simple moving average is $53.61. The stock has a market capitalization of $3.78 billion, a P/E ratio of 30.76 and a beta of 0.81.
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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