Blue Trust Inc. Buys 919 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Blue Trust Inc. grew its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 86.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,981 shares of the company’s stock after acquiring an additional 919 shares during the quarter. Blue Trust Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $116,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its holdings in iShares U.S. Medical Devices ETF by 127.6% in the third quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock worth $71,206,000 after buying an additional 674,168 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of iShares U.S. Medical Devices ETF by 5,167.0% during the third quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after acquiring an additional 744,407 shares in the last quarter. Raymond James & Associates raised its holdings in iShares U.S. Medical Devices ETF by 0.5% in the 3rd quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock worth $22,428,000 after acquiring an additional 1,756 shares during the last quarter. Wharton Business Group LLC lifted its position in iShares U.S. Medical Devices ETF by 3.0% in the 3rd quarter. Wharton Business Group LLC now owns 276,850 shares of the company’s stock valued at $16,395,000 after acquiring an additional 8,070 shares in the last quarter. Finally, Baltimore Washington Financial Advisors Inc. boosted its stake in iShares U.S. Medical Devices ETF by 3.1% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 272,425 shares of the company’s stock valued at $16,133,000 after purchasing an additional 8,199 shares during the last quarter.

iShares U.S. Medical Devices ETF Trading Down 0.7 %

iShares U.S. Medical Devices ETF stock opened at $64.36 on Friday. iShares U.S. Medical Devices ETF has a 12 month low of $53.72 and a 12 month high of $65.18. The stock has a fifty day simple moving average of $61.75 and a two-hundred day simple moving average of $59.91. The firm has a market cap of $6.08 billion, a price-to-earnings ratio of 35.18 and a beta of 0.83.

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.