iShares U.S. Medical Devices ETF (NYSEARCA:IHI) Shares Purchased by LPL Financial LLC

LPL Financial LLC boosted its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 24.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,237,467 shares of the company’s stock after purchasing an additional 442,603 shares during the quarter. LPL Financial LLC’s holdings in iShares U.S. Medical Devices ETF were worth $130,556,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. grew its holdings in shares of iShares U.S. Medical Devices ETF by 0.6% during the fourth quarter. Valley Wealth Managers Inc. now owns 24,875 shares of the company’s stock worth $1,451,000 after buying an additional 160 shares in the last quarter. Tyche Wealth Partners LLC grew its stake in iShares U.S. Medical Devices ETF by 5.0% during the 4th quarter. Tyche Wealth Partners LLC now owns 4,198 shares of the company’s stock valued at $245,000 after acquiring an additional 198 shares in the last quarter. Snider Financial Group grew its stake in iShares U.S. Medical Devices ETF by 0.3% during the 4th quarter. Snider Financial Group now owns 71,092 shares of the company’s stock valued at $4,148,000 after acquiring an additional 212 shares in the last quarter. LaFleur & Godfrey LLC raised its holdings in iShares U.S. Medical Devices ETF by 6.4% in the 4th quarter. LaFleur & Godfrey LLC now owns 3,805 shares of the company’s stock valued at $222,000 after acquiring an additional 228 shares during the last quarter. Finally, Montag A & Associates Inc. lifted its stake in iShares U.S. Medical Devices ETF by 13.7% in the 4th quarter. Montag A & Associates Inc. now owns 2,070 shares of the company’s stock worth $121,000 after purchasing an additional 250 shares in the last quarter.

iShares U.S. Medical Devices ETF Price Performance

IHI stock opened at $60.46 on Tuesday. iShares U.S. Medical Devices ETF has a 1 year low of $53.72 and a 1 year high of $65.18. The firm has a market capitalization of $4.75 billion, a PE ratio of 29.98 and a beta of 0.90. The business has a 50 day simple moving average of $62.73 and a 200-day simple moving average of $60.56.

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.