TPG Advisors LLC Makes New $1.45 Million Investment in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

TPG Advisors LLC acquired a new position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 25,921 shares of the company’s stock, valued at approximately $1,453,000. iShares U.S. Medical Devices ETF comprises approximately 1.2% of TPG Advisors LLC’s portfolio, making the stock its 24th largest position.

Other large investors have also recently bought and sold shares of the company. Headlands Technologies LLC bought a new position in iShares U.S. Medical Devices ETF during the first quarter valued at about $27,000. GAMMA Investing LLC lifted its stake in iShares U.S. Medical Devices ETF by 91.1% during the second quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock worth $29,000 after purchasing an additional 246 shares during the period. BNP Paribas acquired a new stake in iShares U.S. Medical Devices ETF during the first quarter valued at approximately $35,000. Livelsberger Financial Advisory acquired a new position in shares of iShares U.S. Medical Devices ETF in the 4th quarter worth approximately $39,000. Finally, Mather Group LLC. acquired a new stake in iShares U.S. Medical Devices ETF in the 1st quarter valued at $39,000.

iShares U.S. Medical Devices ETF Stock Performance

Shares of NYSEARCA IHI opened at $59.12 on Friday. The stock has a market cap of $5.59 billion, a PE ratio of 35.18 and a beta of 0.83. The business has a fifty day moving average of $57.20 and a two-hundred day moving average of $56.61. iShares U.S. Medical Devices ETF has a 52-week low of $43.96 and a 52-week high of $60.11.

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.