RiverFront Investment Group LLC lifted its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Free Report) by 8.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 290,829 shares of the company’s stock after acquiring an additional 23,162 shares during the period. RiverFront Investment Group LLC owned 0.31% of iShares U.S. Medical Devices ETF worth $16,298,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Headlands Technologies LLC bought a new position in iShares U.S. Medical Devices ETF in the 1st quarter worth about $27,000. GAMMA Investing LLC increased its position in iShares U.S. Medical Devices ETF by 91.1% in the 2nd quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $29,000 after acquiring an additional 246 shares during the period. BNP Paribas acquired a new stake in iShares U.S. Medical Devices ETF in the 1st quarter valued at approximately $35,000. Livelsberger Financial Advisory bought a new stake in iShares U.S. Medical Devices ETF during the 4th quarter valued at $39,000. Finally, Mather Group LLC. acquired a new position in iShares U.S. Medical Devices ETF during the 1st quarter worth $39,000.
iShares U.S. Medical Devices ETF Stock Performance
NYSEARCA:IHI opened at $58.54 on Wednesday. iShares U.S. Medical Devices ETF has a 1 year low of $43.96 and a 1 year high of $60.11. The business has a fifty day moving average of $57.52 and a 200-day moving average of $56.63. The stock has a market cap of $5.53 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83.
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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