Mercer Global Advisors Inc. ADV Purchases 8,831 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Mercer Global Advisors Inc. ADV boosted its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 4.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 214,858 shares of the company’s stock after acquiring an additional 8,831 shares during the period. Mercer Global Advisors Inc. ADV owned 0.23% of iShares U.S. Medical Devices ETF worth $11,011,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV grew 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 worth $1,059,000 after buying an additional 186 shares during the period. Clear Creek Financial Management LLC grew its holdings in iShares U.S. Medical Devices ETF by 1.0% during the 1st quarter. Clear Creek Financial Management LLC now owns 18,360 shares of the company’s stock worth $1,076,000 after acquiring an additional 188 shares during the period. GPS Wealth Strategies Group LLC raised its position in shares of iShares U.S. Medical Devices ETF by 2.2% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 8,788 shares of the company’s stock valued at $492,000 after acquiring an additional 189 shares during the last quarter. Gallacher Capital Management LLC lifted its stake in shares of iShares U.S. Medical Devices ETF by 2.0% in the 1st quarter. Gallacher Capital Management LLC now owns 9,632 shares of the company’s stock valued at $564,000 after purchasing an additional 190 shares during the period. Finally, Continuum Advisory LLC boosted its position in shares of iShares U.S. Medical Devices ETF by 0.3% in the 2nd quarter. Continuum Advisory LLC now owns 55,700 shares of the company’s stock worth $3,121,000 after purchasing an additional 193 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Up 1.0 %

Shares of iShares U.S. Medical Devices ETF stock opened at $59.39 on Friday. iShares U.S. Medical Devices ETF has a 12 month low of $43.96 and a 12 month high of $60.11. The business has a fifty day simple moving average of $57.08 and a 200 day simple moving average of $56.58. The stock has a market cap of $5.61 billion, a PE 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.