6,240 Shares in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Purchased by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC purchased a new stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 6,240 shares of the company’s stock, valued at approximately $364,000.

A number of other large investors also recently bought and sold shares of IHI. JPMorgan Chase & Co. increased its holdings in shares of iShares U.S. Medical Devices ETF by 127.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,202,394 shares of the company’s stock valued at $71,206,000 after purchasing an additional 674,168 shares in the last quarter. International Assets Investment Management LLC grew its position in 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 buying an additional 744,407 shares during the period. Raymond James & Associates grew its position in iShares U.S. Medical Devices ETF by 0.5% during the third quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock valued at $22,428,000 after buying an additional 1,756 shares during the period. RiverFront Investment Group LLC increased its holdings in iShares U.S. Medical Devices ETF by 8.7% in the second quarter. RiverFront Investment Group LLC now owns 290,829 shares of the company’s stock valued at $16,298,000 after buying an additional 23,162 shares in the last quarter. Finally, Wharton Business Group LLC raised its position in shares of iShares U.S. Medical Devices ETF by 3.0% in the third quarter. Wharton Business Group LLC now owns 276,850 shares of the company’s stock worth $16,395,000 after acquiring an additional 8,070 shares during the period.

iShares U.S. Medical Devices ETF Stock Up 0.4 %

NYSEARCA:IHI opened at $61.84 on Friday. iShares U.S. Medical Devices ETF has a 52 week low of $53.72 and a 52 week high of $62.06. The stock’s 50-day moving average price is $59.88 and its 200-day moving average price is $58.47. The stock has a market capitalization of $5.84 billion, a PE ratio of 35.18 and a beta of 0.83.

iShares U.S. Medical Devices ETF Company 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.