24,106 Shares in iShares U.S. Medical Devices ETF $IHI Purchased by S&A Financial Services Inc.

S&A Financial Services Inc. purchased a new stake in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 24,106 shares of the company’s stock, valued at approximately $1,286,000.

Other hedge funds have also recently bought and sold shares of the company. High Point Wealth Management LLC bought a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth $1,950,000. MCF Advisors LLC boosted its stake in iShares U.S. Medical Devices ETF by 6,477.8% during the 4th quarter. MCF Advisors LLC now owns 17,168 shares of the company’s stock valued at $1,067,000 after acquiring an additional 16,907 shares during the last quarter. Fairvoy Private Wealth LLC acquired a new position in iShares U.S. Medical Devices ETF during the 1st quarter worth $694,000. Hamilton Wealth LLC grew its holdings in iShares U.S. Medical Devices ETF by 222.7% during the 1st quarter. Hamilton Wealth LLC now owns 263,760 shares of the company’s stock worth $14,072,000 after acquiring an additional 182,020 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of iShares U.S. Medical Devices ETF by 143.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 128,879 shares of the company’s stock worth $8,010,000 after purchasing an additional 75,851 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of IHI stock opened at $52.51 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’s 50-day simple moving average is $50.31 and its 200-day simple moving average is $53.76. The stock has a market capitalization of $3.25 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.