Future Financial Wealth Managment LLC Acquires New Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Future Financial Wealth Managment LLC bought a new position 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 SEC. The firm bought 3,380 shares of the company’s stock, valued at approximately $198,000.

Other large investors also recently bought and sold shares of the company. Cedar Brook Financial Partners LLC boosted its stake in shares of iShares U.S. Medical Devices ETF by 0.6% in the 4th quarter. Cedar Brook Financial Partners LLC now owns 30,683 shares of the company’s stock worth $1,700,000 after buying an additional 183 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its position in shares of iShares U.S. Medical Devices ETF by 1.0% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 19,628 shares of the company’s stock valued at $1,059,000 after purchasing an additional 186 shares during the last quarter. Kestra Private Wealth Services LLC lifted its stake in shares of iShares U.S. Medical Devices ETF by 0.4% in the 4th quarter. Kestra Private Wealth Services LLC now owns 52,094 shares of the company’s stock worth $2,812,000 after purchasing an additional 214 shares during the period. Larson Financial Group LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 6.9% in the fourth quarter. Larson Financial Group LLC now owns 3,395 shares of the company’s stock worth $183,000 after buying an additional 220 shares during the last quarter. Finally, Realta Investment Advisors grew its position in iShares U.S. Medical Devices ETF by 4.2% during the fourth quarter. Realta Investment Advisors now owns 5,728 shares of the company’s stock valued at $309,000 after buying an additional 233 shares during the period.

iShares U.S. Medical Devices ETF Trading Up 0.6 %

Shares of IHI stock opened at $56.11 on Friday. The company has a 50 day simple moving average of $55.83 and a two-hundred day simple moving average of $55.91. The stock has a market cap of $5.30 billion, a P/E ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 12 month low of $43.96 and a 12 month high of $59.14.

iShares U.S. Medical Devices ETF Profile

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.